Dubai’s Emirates National Oil Company (Enoc) recently signed an agreement to buy a 20% stake in Petronas Energy Philippines. The company is involved in the natural gas business in southern Philippines. The agreement for the US$3.5 million deal was concluded in Kuala Lumpur, Malaysia. Malaysia’s state oil and gas company Petronas owns 60% of Petronas…
PHILIPPINES: Dubai’s ENOC to buy 20% stake in Petronas Energy Philippines
Posted on December 23, 2002 by EnergyAsia