Sale of Udenna stake in Malampaya 'alarming'

By Bernadette E. Tamayo

May 16, 2022 12:06 am

SEN. Sherwin Gatchalian is worried about the country's power situation amid reports that businessman Dennis Uy of Udenna Corp. plans to sell his stake in the Malampaya deepwater gas-to-power project.

'Lubhang nakababahala ito (This is quite alarming),' Gatchalian said in a statement on Sunday.

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