MRC Allied inks deal with China firm for LNG projects
As published on TheManilaTimes
In a disclosure, MRC Allied said on Friday it signed a memorandum of understanding (MOU) with Guangdong Power Engineering Co. Ltd.(GPEC), a unit of the China Energy Engineering Group, to explore the likelihood of investing, constructing, developing and operating LNG facilities in the country.
“There is a growing interest and increasing excitement about prospects in the LNG industry in this country. We are looking forward to having solid partnerships with foreign investors,” MRC Allied Chairman Carlos Jose Gatmaitan said in a statement.