MANILA (AFX-ASIA) – State-owned PNOC Exploration Corp (PNOC-EC) said First Gas and FGP Corp are not entitled to deferred payments on their gas purchases from the Malampaya natural gas field. PNOC-EC, which has a 10% interest in the Malampaya, said the Malampaya consortium committed no breach of gas sales and purchase agreements (GSPA) with First…
PHILIPPINES: First Gas, FGP not entitled to deferred payments on gas purchases – PNOC-EC
Posted on March 27, 2003 by EnergyAsia