AsiaContracts and Tenders

Trio gets OK for $3.3 billion LNG-to-power deal in Philippines

By LNG Prime Staff
Trio gets OK for $3.3 billion LNG-to-power deal in Philippines
Ish at the PHLNG jetty (Image: AG&P)

Power companies Meralco PowerGen, Aboitiz Power, and San Miguel Global Power have received approval from the Philippines competition watchdog for their previously announced LNG-to-power transaction worth about $3.3 billion. According to separate statements by the firms, the Philippine Competition Commission (PCC) has approved the joint acquisition of two power facilities and a liquified natural gas…

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