DOE to decide on banked gas sale by Dec.

February 24, 2016

The Department of Energy (DOE) expects to decide on the sale of the Malampaya banked gas by yearend after meeting with officers of the Philippine National Oil Co. "PNOC and PNOC-EC (Exploration Corp.

) and the consortium will decide which company will be awarded the contract," said DOE secretary ZenaidaMonsada.