(EnergyAsia, July 18 2011, Monday) — Two Asian companies have declared their intentions to invest in oil storage projects overseas for different reasons.With an eye to bolstering Taiwan’s energy supply security, state-owned refiner CPC Corp said it is looking to invest at least NT$60 billion in building oil depots in Indonesia, Malaysia and Vietnam. (US$1=NT$29).Struggling…
ASIA: Taiwan’s CPC, Singapore’s Rotary aim to invest in oil storage overseas
Posted on July 18, 2011 by EnergyAsia