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…

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