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                    [ArticleID] => 200480
                    [Title] => PNOC-EC defers sale of Malampaya stake
                    [Summary] => The state-run Philippine National Oil Co. - Exploration Corp. (PNOC-EC) has deferred anew the  sale of its  10-percent stake in the $4.5-billion Malampaya gas project.  


PNOC-EC president Rufino Bomasang said the planned sale was put on hold again because government has not yet determined the most feasible mode of  privatization for government’s stake in the project. 


                    [DatePublished] => 2003-03-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 170251
                    [Title] => Government eyes $400-M from sale of 10% stake in Malampaya
                    [Summary] => The government  expects to raise $400 million from the sale of its 10-percent stake in the $2-billion Malampaya gas project.


Cabinet sources told reporters yesterday that the administration is hoping to complete the sale within the year following the appointment of the European investment bank, Credit Lyonaise as financial adviser.


They   said  the   proceeds of the sale will "be critical in financing"   the  government’s  P800.7- billion   budget  for   next year.


                    [DatePublished] => 2002-07-31 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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CREDIT LYONAISE

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                    [ArticleID] => 200480
                    [Title] => PNOC-EC defers sale of Malampaya stake
                    [Summary] => The state-run Philippine National Oil Co. - Exploration Corp. (PNOC-EC) has deferred anew the  sale of its  10-percent stake in the $4.5-billion Malampaya gas project.  


PNOC-EC president Rufino Bomasang said the planned sale was put on hold again because government has not yet determined the most feasible mode of  privatization for government’s stake in the project. 


                    [DatePublished] => 2003-03-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
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                (
                    [ArticleID] => 170251
                    [Title] => Government eyes $400-M from sale of 10% stake in Malampaya
                    [Summary] => The government  expects to raise $400 million from the sale of its 10-percent stake in the $2-billion Malampaya gas project.


Cabinet sources told reporters yesterday that the administration is hoping to complete the sale within the year following the appointment of the European investment bank, Credit Lyonaise as financial adviser.


They   said  the   proceeds of the sale will "be critical in financing"   the  government’s  P800.7- billion   budget  for   next year.


                    [DatePublished] => 2002-07-31 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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PNOC-EC defers sale of Malampaya stake

By Rocel Felix | March 27, 2003 - 12:00am

The state-run Philippine National Oil Co. - Exploration Corp. (PNOC-EC) has deferred anew the sale of its 10-percent stake in the $4.5-billion Malampaya gas project. PNOC-EC president Rufino Bomasang said the...

Business

Government eyes $400-M from sale of 10% stake in Malampaya

By Des Ferriols | July 31, 2002 - 12:00am

The government expects to raise $400 million from the sale of its 10-percent stake in the $2-billion Malampaya gas project. Cabinet sources told reporters yesterday that the administration is hoping to complete...

Business