LNG refinery plant to rise in Sulu

The local government of Sulu, in partnership with the British enterprise Energy World International Limited are set to construct a liquefied natural gas refinery plant in the municipality of Lugus following the groundbreaking ceremony on Tuesday, October 22, 2019. The project, which costs around US$2.3 billion, will utilize the oil and gas reserves of Sulu Sea to provide clean and affordable energy to Filipinos. This will help sustain the power demand of the Philippines and generate employment in the locality.

Popular

PBBM inks legislation setting foreign ownership limits in key industries

By Darryl John Esguerra | Philippine News Agency The Philippine government has retained longstanding foreign ownership restrictions in key sectors even as it continues to...

PBBM to Asian countries: Act together vs. oil supply shocks

By Darryl John Esguerra | Philippine News Agency President Ferdinand R. Marcos Jr. on Wednesday called for stronger regional cooperation to address energy supply disruptions,...

PBBM leads regional OFW reintegration program

By Brian Campued In line with his directive that no Filipino should be left behind amid the impact of the geopolitical conflicts in the Middle...

PBBM to bolster bilateral ties with Oman, 6 other nations

By Dean Aubrey Caratiquet Enhancing cooperation with like-minded nations has never been more important today, amidst various geopolitical developments around the globe that may directly...