MANILA Prime Infra Holdings Inc, the new operator of the Philippines' Malampaya natural gas field, is seeking a 15-year extension of the project contract
The depletion of the Malampaya gas field is becoming extremely visible, as its reported production for three quarters in 2021 significantly dipped to 79.054 billion cubic feet (bcf) almost half only of its 141.732 bcf level in 2020. Data from the Department of Energy (DOE) showed that 76.040 bcf of
Surigao del Sur 2nd district Rep. Johnny Pimentel says that there are no hurdles blocking Enrique Razon and his Prime Infra Holdings Inc’s acquisition of Dennis Uy’s controlling stake in the Malampaya gas field. “We, in Congress, have always maintained that private parties are free to get in and ge
Energy Secretary Alfonso Cusi has welcomed the potential entry of tycoon Enrique Razon in the Malampaya deep-water gas-to-power project through Prime Infra Holdings Inc., which is seen as a much-needed investment to shore up supply from country’s biggest gas resource.
The planned acquisition by ports and casino tycoon Enrique Razon Jr. of a controlling stake in the Malampaya gas-to-power project is a welcome development for the Philippine power sector, Energy Secretary Alfonso Cusi said Friday.