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Philippines: Malampaya ‘banked gas’ receives $800-million purchase offer

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A foreign company has reportedly offered to buy for $700 million to $800 million, approximately P35 billion to P40 billion, the remaining 97.67 petajoules (PJ) of Malampaya ‘banked gas’ that is currently under the charge of state-run Philippine National Oil Company (PNOC). Read more

Manila Bulletin