TAIPEI (Taiwan News) — Taiwan's government on Thursday dismissed an offer by China to provide energy security in exchange for relinquishing sovereignty, as oil prices rise amid the Iran war.

China’s Taiwan Affairs Office Spokesperson Chen Binhua on Wednesday said cross-strait connectivity after “peaceful reunification” would provide Taiwan with “stable and reliable energy and resource security," per Reuters. Deputy Economics Minister Ho Chin-tsang (何晉滄) told legislators the claim is “impossible” and constitutes cognitive warfare, per CNA. 

He said Taiwan’s energy sector is fully prepared, with sufficient reserves and contingency plans in place. CPC Corp. can maintain natural gas and energy supply through the end of April, and is actively arranging for May needs, ensuring uninterrupted resources.

KMT Legislator Hsieh Yi-fong (謝衣鳯) asked whether a Middle East conflict lasting more than six months could disrupt supply chains for semiconductor materials such as helium, or fertilizer inputs like ammonia and other nitrogen compounds. Ho said that the helium supply chain is secure.

He said Taiwan’s helium is sourced through three major domestic gas suppliers, primarily from the US. The ministry has confirmed with the firms that there is no risk of a supply shortfall.

Asked whether helium supplies would remain secure beyond six months and whether the US had made commitments, Ho said there would be no problem. He added that “Taiwan has strong bargaining power,” and that the three gas companies are closely linked to the semiconductor industry.