IKOT.PH
Senator Win Gatchalian expressed grave concern over the country’s power situation following reports that businessman Dennis Uy of Udenna Corporation is mulling selling his controlling stakes in the Malampaya deepwater gas-to-power project. “With the expiration of Malampaya’s service contract in 2024, the depletion of the remaining reserves in the gas field by 2027, and now […]
Senator Win Gatchalian debunked the Department of Energy (DOE) for accusing the Senate of “causing undue delay to the timeline of the Malampaya consortium corporations” in relation to the ongoing review of the shares’ sale in the Malampaya gas field. “It is unfair to accuse the Senate of delaying any timeline or work program of […]
Senator Win Gatchalian has set in motion the Senate deliberations on a measure that will further develop the liquefied natural gas (LNG) industry, providing for a replacement of the Malampaya deepwater gas-to-power project even before its supply runs out and avert possible rotational brownouts beginning 2022. Gatchalian said that Senate Bill No. 1819 was introduced […]