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'Government retook PNOC-EC stake in malampaya'

A FORMER top energy official implemented a directive in 2005 to sell half of the government’s stake in the Malampaya project to a Korean consortium in 2005, but the deal subsequently fell through. “The instruction to sell the 50 percent, meaning the 5 percent of the 10 percent of PNOC-EC… ....

Republic Of , Enrique Razon Jr , Eduardo Ma , Supreme Court , Korean Gas Corp , Department Of Energy , National Youth Movement , West Philippine , Korean Gas , Joint Marine Seismic Undertaking ,