The Philippine National Oil Company-Energy Development Corporation is due to be privatised this year, said its president, Paul Aquino. According to the Philippines News Agency (PNA), Mr Aquino disclosed recently that the privatisation process will be undertaken in three phases. He said 60% of the company will be offered to private interests, 20% to…
PHILIPPINES: Philippine National Oil Company-EDC headed for privatisation
Posted on February 16, 2005 by EnergyAsia