1 week Phoenix signs Brunei LPG supply deal MB |Biz
By Myrna M. Velasco Wholly-owned subsidiary in Singapore, Uy-led Phoenix Petroleum Philippines Inc. had cemented a deal expanding the base of its liquefied petroleum gas (LPG) procurement or off-take from Brunei Darussalam. Source:(https://www.phoenixfuels.ph) To concretize that, PNX Petroleum Singapore Pte. Ltd. of Philippine listed firm Phoenix Petroleum signed a partnership arrangement with Singapore-based Hengyi Industries International Pte. Ltd. (HYII) for “LPG offtake venture in Brunei,” the company has disclosed to the Philippine Stock Exchange. The tie-up deal that was signed between Phoenix Petroleum Chief Operating Officer Henry Albert Fadullon and HYII Director Chen Lian Cai, will enable the Filipino firm ... more