{
    "success": true,
    "data": {
        "id": 1416187,
        "msgid": "taiwan-oil-giant-eyes-rp-1447893297",
        "date": "1999-09-04 00:00:00",
        "title": "Taiwan oil giant eyes RP",
        "author": null,
        "source": "REUTERS",
        "tags": null,
        "topic": null,
        "summary": "Taiwan oil giant eyes RP TAIPEI (Reuters): Taiwan's Chinese Petroleum Corp on Friday revealed plans to build a US$600 million petrochemical plant in the Philippines, a move seen as way of coping with the loss of its domestic energy monopoly. Spokesman Liao Chung-lung said the plant would be jointly invested by Philippines Petrochemical Development Corp and Japanese trading house Itochu Corp, though he declined to break down what each partner would invest.",
        "content": "<p>Taiwan oil giant eyes RP<\/p>\n<p>TAIPEI (Reuters): Taiwan's Chinese Petroleum Corp on Friday<br>\nrevealed plans to build a US$600 million petrochemical plant in<br>\nthe Philippines, a move seen as way of coping with the loss of<br>\nits domestic energy monopoly.<\/p>\n<p>Spokesman Liao Chung-lung said the plant would be jointly<br>\ninvested by Philippines Petrochemical Development Corp and<br>\nJapanese trading house Itochu Corp, though he declined to break<br>\ndown what each partner would invest.<\/p>\n<p>Liao said that in principle, Chinese Petroleum would oversee<br>\nproduction, while Itochu would handle marketing of the plant's<br>\noutput, suggesting the investors had their eye on the Asian<br>\nexport market.<\/p>\n<p>A final decision on whether to proceed with the project would<br>\nbe made by the end of 1999, but Liao noted it already had<br>\nreceived Philippine government approval.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/taiwan-oil-giant-eyes-rp-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}