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NAT’L TREASURY EYES P20B FROM MALAMPAYA ROYALTIES

The national treasury expects to rake in P20.2 billion in royalties from the Malampaya natural gas field this year, Surigao del Sur Representative Johnny Pimentel said. “The amount is P5.7 billion or 22 percent less than the P25.9 billion in gas royalties that the government earned from Malampaya in 2022,” Pimentel explained. “The government anticipates […]