Lopez-led First Gen Corp. (First Gen) is firming up plans to partner with state-run Philippine National Oil Co. (PNOC) to deliver the country’s liquefied natural gas (LNG) terminal right in time before the depletion of Malampaya.
“We have said in the past, what we are in favor of is the development of a LNG terminal because it is important to address the depletion risk of Malampaya,” First Gen President and COO Francis Giles B. Puno said in a recent interview.
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