SEOUL CITY GAS CO

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                    [ArticleID] => 273214
                    [Title] => Shell matches offer for PNOC-EC’s 4.9% stake in Malampaya
                    [Summary] => The consortium operating the $4.5-billion Malampaya deep water to gas power project led by the Shell Philippines Exploration B.V. (SPEX) will match the offer made by the group of LG International Corp. of Korea for the purchase of 4.9-percent stake of the PNOC-Exploration Corp. (PNOC-EC) in the project. 


In a disclosure to the Philippine Stock Exchange (PSE), PNOC-EC general counsel Elpidio Gamboa Jr.  said the SC 38 operator decided to exercise their right to match the offer of LG International. 


                    [DatePublished] => 2005-04-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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Shell matches offer for PNOC-EC’s 4.9% stake in Malampaya

By Donnabelle L. Gatdula | April 9, 2005 - 12:00am

The consortium operating the $4.5-billion Malampaya deep water to gas power project led by the Shell Philippines Exploration B.V. (SPEX) will match the offer made by the group of LG International Corp. of Korea for...

Business