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TAIWAN, AUSTRALIAN FIRM SIGN MAJOR GAS SUPPLY CONTRACT.

AsiaPulse News

| March 03, 2008 | COPYRIGHT 2008 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SYDNEY, March 3 Asia Pulse - Taiwan's state-run petroleum company, CPC Corp., Taiwan, signed a contract Friday to purchase liquefied natural gas from Woodside Co. (ASX:WPL), a leading independent Australian oil and gas company, in a deal that could potentially be worth up NT$1.5 trillion (US$48.29 billion) over 20 years.

Taiwan's Minister of Economic Affairs, Steve R. L. Chen, in Australia to witness the signing ceremony, called the deal - Taiwan's largest natural gas purchasing contract - an important milestone in ...

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