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                    [ArticleID] => 172234
                    [Title] => UK firm to put up $250-M methanol  facility
                    [Summary] => UK-based Sterling Energy Limited Partnership (Sterling) is planning to invest some $250 million (P12.75 billion) on an offshore methanol plant somewhere in the Reed Bank area in Northwest Palawan. It will be the first of its kind in the world.


During the ceremonial signing of geophysical survey and exploration contract (GSEC) 101 awarded to the European exploration firm, Sterling chairman Richard O’Toole said the proposed plant would have a capacity of approximately 7,000 tons per day (5,000 methanol and 2,000 condensate).


                    [DatePublished] => 2002-08-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
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NIGEL QUINTON

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                    [ArticleID] => 172234
                    [Title] => UK firm to put up $250-M methanol  facility
                    [Summary] => UK-based Sterling Energy Limited Partnership (Sterling) is planning to invest some $250 million (P12.75 billion) on an offshore methanol plant somewhere in the Reed Bank area in Northwest Palawan. It will be the first of its kind in the world.


During the ceremonial signing of geophysical survey and exploration contract (GSEC) 101 awarded to the European exploration firm, Sterling chairman Richard O’Toole said the proposed plant would have a capacity of approximately 7,000 tons per day (5,000 methanol and 2,000 condensate).


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abtest

UK firm to put up $250-M methanol facility

By Donnabelle L. Gatdula | August 16, 2002 - 12:00am

UK-based Sterling Energy Limited Partnership (Sterling) is planning to invest some $250 million (P12.75 billion) on an offshore methanol plant somewhere in the Reed Bank area in Northwest Palawan. It will be the...

Business