CPC Offers to Sell 2,000 Tons of LPG for January Delivery

By Yu-huay Sun

Dec. 22 (Bloomberg) -- CPC Corp., Taiwan's state oil refiner, offered to sell 2,000 metric tons of liquefied petroleum gas for January delivery, the Taipei-based company said on its Web site.

Details of the planned sale are as follows:

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Product:      LPG mixture
Quantity:     2,000 metric tons +/-5%
Delivery:     Jan. 1-Jan. 12
Loading Port: Kaohsiung (southern Taiwan)
Bid Close:    Dec. 23, 2 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 at ysun7@bloomberg.net.