Economic Calendar

Monday, August 4, 2008

CPC Seeks 20,000 Tons of LPG for September Delivery to Taiwan

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By Yu-huay Sun

Aug. 4 (Bloomberg) -- CPC Corp., Taiwan's state oil refiner, seeks to import 20,000 metric tons of liquefied petroleum gas in September, the Taipei-based company said on its Web site today.

Details of the company's planned purchase are as follows:

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Product: LPG (65 percent propane, 35 percent butane)
Quantity: 20,000 metric tons
Delivery: Sept. 1-15
Port: Shen-Ao (northern Taiwan)
Bid Close: Aug. 5, 12 p.m. Taiwan time
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LPG, a by-product of oil refining and crude and natural gas output, is used for cooking, heating and as a motor fuel in Asia.

To contact the reporter on the story: Yu-huay Sun in Taipei ysun7@bloomberg.net

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