Nature of Project: Trading of Coal
Implementing Subsidiary : PNOC EC
JV Partners and Percent Equity : None
Project Objective (s): Maintain stable supply of coal for domestic requirements by engaging in marketing and distribution.
Project Description: In addition to selling coal produced from its mine(s), the PNOC EC trades coal supplied by other producers both from domestic and foreign sources.
Brief Background : PNOC EC operates terminals Naga (Cebu) and Malangas (Zamboanga Sibuguey) to support its trading activities. These terminals serve as receiving ports, storage and blending yards for clients needing the services as well as buying stations.
As of end May 2015