Energy giants seal $3.3-billion LNG deal

THE SUBSIDIARIES of Manila Electric Co. (Meralco), Aboitiz Power Corp. (AboitizPower), and San Miguel Corp. (SMC) have finalized their $3.3-billion deal to build an integrated liquefied natural gas (LNG) facility in Batangas. In separate announcements, the energy giants said that Meralco PowerGen Corp. (MGen), Therma NatGas Power, Inc. (TNGP), and San Miguel Global Power Holdings