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                    [Title] => PNOC-EC setting up new firm in preparation for IPO
                    [Summary] => The PNOC-Exploration Corp., the publicly-listed oil and gas subsidiary of state-owned Philippine National Oil Co. (PNOC), is setting up a new company in preparation for its planned public offering.


Energy Secretary and PNOC chairman Vincent S. Perez told reporters that under the privatization plan, EC will sell its 10-percent stake in the $4.5-billion Malampaya Deep Water Gas to Power project amounting to more than $300 million.


                    [DatePublished] => 2002-09-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
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BEST FOREIGN SECURITIES HOUSE

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                    [ArticleID] => 175697
                    [Title] => PNOC-EC setting up new firm in preparation for IPO
                    [Summary] => The PNOC-Exploration Corp., the publicly-listed oil and gas subsidiary of state-owned Philippine National Oil Co. (PNOC), is setting up a new company in preparation for its planned public offering.


Energy Secretary and PNOC chairman Vincent S. Perez told reporters that under the privatization plan, EC will sell its 10-percent stake in the $4.5-billion Malampaya Deep Water Gas to Power project amounting to more than $300 million.


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abtest

PNOC-EC setting up new firm in preparation for IPO

By Donnabelle L. Gatdula | September 12, 2002 - 12:00am

The PNOC-Exploration Corp., the publicly-listed oil and gas subsidiary of state-owned Philippine National Oil Co. (PNOC), is setting up a new company in preparation for its planned public offering. Energy Secretary...

Business