Asian-News.net is your go-to online destination for comprehensive coverage of major news across Asia. From politics and business to culture and technology, we bring you the latest updates, deep analyses, and critical insights from every corner of the continent. Featuring exclusive interviews, high-quality photos, and engaging videos, we keep you informed on the breaking news and significant events shaping Asia. Stay connected with us to get a 24/7 update on the most important stories and trends. Our daily updates ensure that you never miss a beat on the happenings in Asia's diverse nations. Whether it's a political shift in China, economic development in India, technological advancements in Japan, or cultural events in Southeast Asia, Asian-News.net has it covered. Dive into the world of Asian news with us and stay ahead in understanding this dynamic and vibrant region.

Contacts

Owner: SNOWLAND s.r.o.
Registration certificate 06691200
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic

Mar 03, 2024 - 18:17
By asia.nikkei.com

Philippines' top energy firms partner for $3.3bn LNG facility

MANILA (Reuters) -- Three top Philippine energy firms have partnered for the first time to form a large-scale integrated liquefied natural gas (LNG) facility, the companies said on Sunday, in a deal two of them valued at $3.3 billion.

Aboitiz Power and a subsidiary of Manila Electric (Meralco) agreed to invest in the gas-fired power plants of a unit of San Miguel Corp.: the 1,278 megawatt (MW) Ilijan power plant and a new 1,320 MW facility set to start operating by the end of the year.