(EnergyAsia, April 5) — Philippine National Oil Co.-Exploration Corp (PNOC-EC) said it will ensure a “strict and transparent process” in selling off 49% of its 10% interest in the Malampaya natural gas exploration and development project. PNOC-EC is the state-owned upstream company of the Philippines government. President and CEO Eduardo V. Ma–alac told the Philippine…
PHILIPPINES: PNOC unit to sell off part of its stake in Malampaya field to Korean consortium
Posted on April 5, 2005 by EnergyAsia