PNOC could have just waited for the SC to revert back to the DOE then nominate in a new auction (I mentioned this last year when they decided to do a deal with the SC 6B Consortium - which now still does not include BS as they are still not the owners of Nido, being in default of their deal with SGC). PNOC could have forced the expiry of the contract in Feb 2024 if they wanted to. One wonders if PNOC have given any monies to BS...my guess is not because BS have not paid their bills. Looks like everyone is defaulting on their promises with regards to Cadlao/Nido. I wonder what the next Chapter in this saga will be?
PNOC could have just waited for the SC to revert back to the DOE...
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