Consumer group to oppose LNG joint venture

By Francis Earl Cueto

Mar 18, 2024 12:16 am

THE energy watchdog group Power for People Coalition (P4P) said it would challenge the joint venture of San Miguel Corp., Manila Electric Co. (Meralco) and Aboitiz Power Corp. to control the supply of imported liquefied natural gas (LNG) used for power generation, saying it would drive electricity costs up.

'The movement, the P4P Coalition, is now studying the possibility of opposing the agreement once it is lodged with the ERC (Energy Regulatory Commission),' said P4P convener Gerry Arances, speaking in Filipino.

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