ERC to 'wait and see' on LNG deal

By Ed Paolo Salting

Mar 19, 2024 12:04 am

THE Energy Regulatory Commission (ERC) said on Friday it will take a 'wait-and-see' approach for now on the planned liquefied natural gas (LNG) deal between The Manila Electric Co. (Meralco), Aboitiz Power Corp., and San Miguel Corp. (SMC).

ERC Chairman and CEO Monalisa Dimalanta explained the commission's stand, even as a consumer group said it will study the possibility of opposing the deal once it reaches the commission.

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