IKOT.PH
The national government expects to collect approximately P8 billion in royalties this year from the aging offshore Malampaya natural gas project, Surigao del Sur Representative Johnny Pimentel said. “The sum is P9.7 billion, or 55 percent less than the P17.7 billion in Malampaya royalties that the government received in 2023,” Pimentel, a member of the […]
The national treasury expects to rake in P20.2 billion in royalties from the Malampaya natural gas field this year, Surigao del Sur Representative Johnny Pimentel said. “The amount is P5.7 billion or 22 percent less than the P25.9 billion in gas royalties that the government earned from Malampaya in 2022,” Pimentel explained. “The government anticipates […]