MANILA (AFX-ASIA) – Energy Secretary Vicente Perez said the government should not consider divesting its 40% stake in Petron Corp at this time when oil supply security is a major concern. “We believe it’s a most inopportune time to be divesting (the government’s) stake in a major player like Petron given that oil security is…
PHILIPPINES: Manila should not divest stake in Petron at this time Ð Perez
Posted on March 12, 2003 by EnergyAsia