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PHILIPPINES PRESS-San Miguel interested in bid for Malampaya gas-to-power contract - Malaya

Reuters - UK Focus

Conglomerate San Miguel Corp (SMC (Other OTC: SMCAY - news) ) is interested to bid for the Malampaya deep water gas-to-power pipeline should the government rebid the facility once its franchise expires by 2021, the Malaya Business Insight reported, citing SMC President Ramon Ang.

Current operator Shell Philippines Exploration BV, a consortium of Royal Dutch Shell Plc (Xetra: R6C1.DE - news) , Chevron Corp and state-run Philippine National Oil Company-Exploration Corp, will return the project to the government under the build-operate transfer scheme. (http://bit.ly/1brp7pB) (Compiled by Manila newsroom; Editing by Anand Basu)