Fishers group casts doubt on Malampaya contract extension
Excerpt
The militant Pambansang Lakas ng Kilusang Mamamalakaya ng Pilipinas (Pamalakaya) has expressed skepticism over the 15-year extension of the Malampaya service contract, echoing the same concern of the Gabriela Women’s party-list. In a statement, Pamalakaya spokesperson Fernando Hicap cited a previous announcement that the gas reserves will last only until 2025. He said Pamalakaya is worried that Chinese companies and other foreign firms might vie for a new contract for oil and gas exploration in the Malampaya gas field.
Citation
Tupas, E., & Jaymalin. M. (2023, May 19). Fishers group casts doubt on Malampaya contract extension. The Philippine Star, 5.
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