Yet another piece of good news in the Philippine energy sector. Callandra CNG Fuels Corp announced that the Philippine Department of Energy has approved their application to invest in the Compressed Natural Gas (CNG) sector of the Philippines. This is Callandra’s first investment in Asia.
Callandra will setup 6 CNG refuelling stations that can service 5,000 buses a day. CNG president Randall C. Antonio said that the stations are expected to by finished by 2010.
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