September 20, 2019

DOE reluctant on extension of Malampaya gas service contract

By Alena Mae S. Flores – September 18, 2019 at 07:05 pm from manilastandard.net The government is not inclined to extend the service contract of Malampaya natural gas project operator Shell Philippines Exploration B.V. under the same terms, Energy Secretary […]
August 31, 2018

Consumers may pay for NPC’s stranded debts, contract costs

By Lenie Lectura – August 29, 2018 from Business Mirror CONSUMERS should expect to pay for an accumulated universal charge (UC) of P0.5593 per kilowatt hour (kWh) from 2020 to 2026, unless government agrees to utilize the P207-billion Malampaya fund […]
April 17, 2017

Fuel, power and cash

By Lenie Lectura –  April 16, 2017 from Business Mirror THE government’s share from the energy-resource development fund, commonly known as the Malampaya fund, reached P13.43 billion in 2016, slightly lower than the P14.32 billion recorded a year earlier. Based on […]