Metro Manila (CNN Philippines, January 9) — The Department of Energy (DOE) is now looking into a request seeking to extend the contract for the Malampaya Deep Water gas-to-power project in northwest Palawan, which expires in 2024.
The request was filed in November last year, according to DOE.
“As part of the procedure of DOE, we required them for some documentary submissions, we have also met with operator as authorized representative of the joint venture to establish new terms or conditions that may be applicable to the extended contract,” DOE Undersecretary Alessandro Sales said.
He added that talks are still being finalized with the joint venture partners regarding the potential extension of the contract.
In November 2022, Prime Infra President and Chief Executive Officer Guillaume Lucci bared the consortium’s plan to seek an extension of Service Contract 38.
Other members of the consortium include UC38 LLC holding and PNOC Exploration Corp.
