Politician who pushed Philippines natural gas boom is behind firm that planned to profit

Politician who pushed Philippines natural gas boom is behind firm that planned to profit

6 months ago
Anonymous $6hYC3Wwiad

https://apnews.com/article/liquefied-natural-gas-lng-methane-philippines-batangas-e92e4f9cc1bfca342971b30aa5927498

BATANGAS, Philippines (AP) — An influential politician in the Philippines, who has been a cheerleader for natural gas power, is behind a company that planned to make a fortune from it, an Associated Press investigation of thousands of pages of documents has found.

Gov. Hermilando Mandanas of Batangas province and his late wife stood to profit from a buildout of liquified natural gas power — he owned the largest share in a real estate firm that soared in value as energy companies moved in, while he promoted the expansion in media interviews and public events. The firm also launched its own natural gas project.

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