Global Markets

NOC selling Malampaya gas previously reserved for power plant

Philippine National Oil Co. is selling gas from the Malampaya deepwater field originally intended for use by a gas-fired power plant
By Staff reporter 25 June 2018 0 31444

Philippine National Oil Co. (PNOC) is selling gas from the Malampaya deepwater field originally intended for use by a gas-fired power plant, The Manila Times reported on Monday.

State-run PNOC has given interested parties until 23 July to submit proposals to buy 2.52 billion cubic metres of the plant’s banked gas.