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Policy & Regulation

Shell calls for Malampaya tax case verdict within six months

Shell Philippines Exploration is looking for a verdict on its PHP 53 billion tax case relating to production from the Malampaya field within the next six months
By Staff reporter 21 December 2018 Asia Pacific / Policy & Regulation 0 33785

Shell Philippines Exploration is looking for a verdict on its PHP 53 billion ($997 million) tax case relating to production from the Malampaya field in the Philippines within the next six months, according to the Manila Bulletin.

The verdict will clear the uncertainty surrounding the remaining operational life of the field, production from which is estimated to decline after 2024.