Published May 26, 2021, 2:51 PM
Uy-led firm Phoenix Petroleum Philippines Inc. has denied interest to buy the ‘banked gas’ of state-run Philippine National Oil Company (PNOC) that shall be extracted from the Malampaya field.
It was no less than PNOC President and CEO Reuben S. Lista who indicated that Phoenix Petroleum is among the firms that has standing offer for the banked gas, but the oil firm said that “statement is unconfirmed.”
In a disclosure to the Philippine Stock Exchange (PSE), Phoenix Petroleum further emphasized that “the company has no knowledge of any interest to purchase banked gas as of date of writing.”
Phoenix
Arizona
United-states
Philippines
Dilijan
Batangas-city
Philippine
Benguet
Reubens-lista
Jerome-cainglet
Philippine-national-oil-company
Udenna-corporation