Natural gas deal of tycoons secures approval of PCC

Q: How long will it take to read this news story?

The story "Natural gas deal of tycoons secures approval of PCC" has 616 words across 22 sentences, which will take approximately 3 - 6 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Natural gas deal of tycoons secures approval of PCC" was covered 2 days ago by Business Mirror, a news publisher based in Philippines.

Q: How trustworthy is 'Business Mirror' news outlet?

Business Mirror is a fully independent (privately-owned) news outlet established in 2005 that covers mostly business and startups news. The outlet is headquartered in Philippines and publishes an average of 2 news stories per day. It's most recent story was published 20 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #24600847</li><li>URL: https://beamstart.com/news/natural-gas-deal-of-tycoons-17349699951130</li></ul>

Business Mirror Logo Business Mirror 2d ago

Natural gas deal of tycoons secures approval of PCC - Business Mirror

Quick Summary:

The country’s antitrust body has given the green light to the joint acquisition of power facilities and a liquefied natural gas (LNG) terminal by Meralco PowerGen Corp.(MGen), Therma Natgas Power Inc.(Therma) and San Miguel Global Power Holdings (San Miguel Power).

The PCC will communicate to DOE and ERC the conditions imposed, as well as coordinate on the alignment of existing guidelines and policies with competition law and policy to curb competition concerns that may arise from similar transactions.

By addressing potential competition issues while supporting energy security, the approved transaction represents a key step toward bolstering the Philippines’s energy landscape.