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+ Follow ANHUI ANKAI AUTOMOBILE AND ZHENGZHOU YUTONG COMPANY Tag
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[ArticleID] => 265802
[Title] => Doubts loom on availability of cheap natural gas
[Summary] => Bus companies which purchased 140 new units running on compressed natural gas (CNG) are now in trouble after the Malampaya consortium has aired doubts on its capability to supply CNG at low prices as promised.
In a recent meeting with the bus companies, representatives from the Malampaya consortium composed of Shell Philippines Exploration B.V., Shell Philippines LLC, ChevronTexaco Malampaya LLC, and PNOC Exploration Corp., reportedly disclosed that they will be unable to sell CNG at the agreed price of not more than P10 per liter in the first few years.
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ANHUI ANKAI AUTOMOBILE AND ZHENGZHOU YUTONG COMPANY
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[ArticleID] => 265802
[Title] => Doubts loom on availability of cheap natural gas
[Summary] => Bus companies which purchased 140 new units running on compressed natural gas (CNG) are now in trouble after the Malampaya consortium has aired doubts on its capability to supply CNG at low prices as promised.
In a recent meeting with the bus companies, representatives from the Malampaya consortium composed of Shell Philippines Exploration B.V., Shell Philippines LLC, ChevronTexaco Malampaya LLC, and PNOC Exploration Corp., reportedly disclosed that they will be unable to sell CNG at the agreed price of not more than P10 per liter in the first few years.
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[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
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[SectionUrl] => metro
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abtest
October 11, 2004 - 12:00am
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