Sunday 20 January 2019
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inquirer - 7 month ago

Korean firm details $1.7-B investment proposal

South Korean firm SK E S Co. Ltd. has a proposed $1.7-billion package of investment for the Philippines that includes---aside from a liquefied natural gas (LNG) terminal---a number of LNG-fired power plants and a 150-km pipeline. During President Duterte s visit to Seoul earlier this month, SK E S signed with Philippine energy officials a letter of intent related to these projects. SK E S said in a statement that the development of the LNG infrastructure was expected to create 800,000 jobs per year duri

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