New LNG plant seen to push up energy rates

By Franco Jose C. Baroña

Mar 11, 2024 12:09 am

A CONSUMER group has warned that the agreement between major energy players to put up the largest liquefied natural gas (LNG) facility in the country could result in high power costs.

Aboitiz Power Corp., Meralco PowerGen Corp. (MGen) and San Miguel Global Power Holdings Corp. (SMGP) recently signed a P184-billion partnership to build an LNG facility in Batangas.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

President backs food security emergency

Trump's top diplomat pick warns China

Marcos agrees with Enrile on INC stand

Petition filed to disbar Duterte

Big-time spikes in fuel prices seen next week

OFW's 'correct' remains repatriated to family

Filipinos grapple with employment woes