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MR. PANGILINAN says Atimonan power plant project is a candidate for conversion into a gas facility. BW FILE PHOTO
MANILA ELECTRIC Co. (Meralco) should look at participating in the gas business, its chairman said, as a separate company that he leads is set to develop an offshore area for its resources.
“We hope that (Service Contract) 72 could get developed as an oil field and once we start developing, we have to connect to Malampaya because we need the facilities to process the raw gas, then pipe it to Batangas,” Meralco Chairman Manuel V. Pangilinan said in a press briefing on Monday.
PLDT aviation rebrands amid increased demand
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Philex Mining returns to profitability with P1 23-B income
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. Dapat tama lang,” Gavieta explained.
[Translation: In railways, airport systems, toll roads, the government should regulate these in such a way that the private sector’s financial returns aren’t excessive. They should just be the right amount.]
Meanwhile, think tank Infrawatch convener Terry Ridon argued the Department of Transportation threw the private proponent under the bus” when confronted with issues on Megawide-GMR s financial clout. As PPP partners, it was supposed to jointly work with the private proponent to ensure that all eligibility requirements were met prior to submission to the NEDA ICC,” Ridon told CNN Philippines. He noted both sides should have continued working together in the re-submission of a proposal after the body returned the initial one due to incomplete requirements.
Published February 19, 2021, 3:25 PM
Shown (from left) are: MPTC spokesperson Romulo Quimbo Jr., DOTr Secretary Arthur Tugade, SBMA Chairman and Administrator Wilma Eisma, DPWH Secretary Mark Villar, Executive Secretary Salvador Medialdea, Presidential Spokesperson Harry Roque, Bataan 2nd District Rep Joet Garcia, MPIC President Jose Ma. Lim , MPTC President Rodrigo Franco, NLEX Corp President J. Luigi Bautista, Hermosa Bataan Mayor Jopet Inton.
The Department of Public Works and Highways (DPWH) and NLEX Corporation today (February 19, 2021) formally opened the P1.6 billion, 8.2 km Subic Freeport Expressway (SFEX) expansion linking Bataan, Zambales, Pampanga and the rest of Central Luzon through the Subic-Clark-Tarlac Expressway.
NLEX Corp. built the new expressway despite the pandemic to accelerate business activities and facilitate the flow of goods between the economic zones in Clark and Subic.