TAIPEI (AFX-ASIA) – Standard & Poor’s Ratings Services said that its “A+” rating with stable outlook on Taiwan-based Chinese Petroleum Corp would not be affected by the company’s announcement that it had secured a contract worth NT$298 billion to supply liquefied natural gas (LNG) to Taiwan Power Co’s new Tatan thermal plant. (US$1=NT$34). The contract…

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TAIPEI (AFX-ASIA) – Standard & Poor’s Ratings Services said that its “A+” rating with stable outlook on Taiwan-based Chinese Petroleum Corp would not be affected by the company’s announcement that it had secured a contract worth NT298 billion to supply liquefied natural gas (LNG) to Taiwan Power Co’s new Tatan thermal plant. (US$1=NT34.5). The contract…

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