The Ministry of Economic Affairs on Wednesday confirmed that state-owned CPC Corp., Taiwan will invest up to US$4.4 billion in an Alaska liquefied natural gas (LNG) project and buy 6 million metric tons of LNG a year once production begins. If the project proceeds on schedule, it could begin supplying LNG to Taiwan as early […]
In the latest sign of recovering oil flows in the Persian Gulf, Qatar inked a deal with a Taiwanese refiner for the sale of a cargo of Al-Shaheen crude, Bloomberg reported today, citing unnamed trading sources.
State-owned CPC Corp. and the economy ministry are in negotiations with an Alaska-based export plant for supplies, Taipei-based Central News Agency said, citing an unidentified ministry official. CPC and the ministry didn’t immediately respond to requests for comment.