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Philippines: Phoenix Petroleum & CNOOC Gas and Power LNG Project MoU

Philippines: Phoenix Petroleum & CNOOC Gas and Power LNG Project MoU

The agreement is for LNG project

Phoenix Petroleum, the country’s leading independent fuel company and CNOOC Gas and Power Group Co. Ltd., a subsidiary of China National Offshore Oil Corporation (CNOOC), China’s largest LNG importer and terminal operator has signed a memorandum of understanding (MOU).

The MOU is to study, plan, and develop a liquefied natural gas (LNG) receiving terminal project in the Philippines which will potentially broaden Phoenix Petroleum’s portfolio of new businesses, which now includes LPG, convenience retailing, asphalt, and e-transactions. PWKD06062018

Last modified onWednesday, 06 June 2018 01:54
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