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                    [ArticleID] => 95886
                    [Title] => PNOC-EC ready to put in add’l $40 M in Malampaya project
                    [Summary] => The Philippine National Oil Co. Exploration Corp. (PNOC-EC) will infuse an additional $40 million into the Malampaya natural gas project this year, said PNOC-EC president Rufino Bomasang yesterday.


The $40 million is part of the pro rata  cash infusion among Malampaya partners programmed for 2000.   


PNOC-EC, a oil and gas exploration subsidiary of state owned PNOC,  holds a 10 percent stake in the $2-billion project which will begin commercial operation this October.  Shell Phils. Exloration  BV (Spex) and Texaco each hold a 45-percent stake. 


                    [DatePublished] => 2001-04-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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EXLORATION

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                    [ArticleID] => 95886
                    [Title] => PNOC-EC ready to put in add’l $40 M in Malampaya project
                    [Summary] => The Philippine National Oil Co. Exploration Corp. (PNOC-EC) will infuse an additional $40 million into the Malampaya natural gas project this year, said PNOC-EC president Rufino Bomasang yesterday.


The $40 million is part of the pro rata  cash infusion among Malampaya partners programmed for 2000.   


PNOC-EC, a oil and gas exploration subsidiary of state owned PNOC,  holds a 10 percent stake in the $2-billion project which will begin commercial operation this October.  Shell Phils. Exloration  BV (Spex) and Texaco each hold a 45-percent stake. 


                    [DatePublished] => 2001-04-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

PNOC-EC ready to put in add’l $40 M in Malampaya project

By Donnabelle L. Gatdula | April 25, 2001 - 12:00am

The Philippine National Oil Co. Exploration Corp. (PNOC-EC) will infuse an additional $40 million into the Malampaya natural gas project this year, said PNOC-EC president Rufino Bomasang yesterday. The $40 million...

Business