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- by businessmirror.com.ph
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Malampaya Prize
BUSINESSMAN Ramon S. Ang has formalized an offer to acquire the 45-percent stake of Shell Philippines Exploration B.V. (SPEX) in the Malampaya gas-to-power project, which provides fuel to power plants that deliver about one-fifth of the country’s electricity demand. Ang affirmed, via text message, that San Miguel Corp. submitted a…