MANILA (AFX-ASIA) – Energy Secretary Vicente Perez said the government has shelved plans to sell its 40% stake in oil refiner Petron Corp. “It is a long-term investment and good for the government to own 40% (of Petron),” he told the company’s shareholders at last week’s annual general meeting. A newspaper report earlier said the…
PHILIPPINES: Government cancels plans to sell Petron stake – Energy Secretary
Posted on August 1, 2003 by EnergyAsia