DoE to decide on CNOOC-Phoenix Petroleum LNG bid

THE Department of Energy (DoE) is set to decide next week on the proposal of China National Offshore Oil Corp. (CNOOC) and Phoenix Petroleum Philippines Inc. to build a liquefied natural gas (LNG) facility in the country.

“Hopefully, toward the weekend I will have the report on my table and we will be able to make the decision next week,” Energy Secretary Alfonso Cusi said on Tuesday.