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Economy 1 MIN READ

BRIEF-San Miguel Confirms Units To Construct Liquefied Combined Cycle Natural Gas Plants

March 14, 2022

By Reuters

March 14 (Reuters) – San Miguel Corp SMC.PS:

CONFIRMS UNITS TO CONSTRUCT 2 LIQUEFIED COMBINED CYCLE NATURAL GAS PLANTS AT ESTIMATED COSTS OF 41.49 BILLION PESOS & 18.5 BILLION PESOS
CONSTRUCTION EXPECTED TO BEGIN IN THIRD QUARTER OF 2022 AND COMMERCIAL OPERATIONS OF TABANGO, LEYTE PLANT TO START BY FIRST QUARTER OF 2025
COMMENCEMENT OF OPERATIONS OF THE SAN CARLOS CITY, NEGROS OCCIDENTAL PLANT PROJECTED BY Q3 2025

Source text for Eikon: ID:nPSX1Sl36V

Further company coverage: SMC.PS

((Reuters.Briefs@thomsonreuters.com;))

This article originally appeared on reuters.com

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