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Malampaya deal eases power shortage fears

2 years ago Philippines inquirer

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MANILA, Philippines — President Ferdinand Marcos Jr. on Monday signed the service contract (SC) renewal agreement allowing the Malampaya gas-to-power project consortium to operate for another 15 years, easing fears of a power crisis caused by the original expiration of the deal in 2024 and the expected depletion by 2027 of the reserves in the […]

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