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DoE cautioned on Malampaya


‘Midnight deal’
The Department of Energy (DOE) has been cautioned on granting a ‘midnight deal extension’ for the license or the Service Contract 38 of the Malampaya venture. 
Senator Sherwin T. Gatchalian, chairman of Senate committee on energy, issued this caution given that by the time the Malampaya Energy XP Pte. Ltd.- Shell Philippines Exploration B.V. (MEXP-SPEX) deal will be firmed up, the remaining office term of the Duterte administration will just be roughly 5-6 months.
Senator Sherwin Gatchalian (MANILA BULLETIN FILE PHOTO)
This also developed as the MEXP of the Udenna Group has been prodding government on the urgency of new oil drilling that it must be allowed to carry out at the gas field even if it has yet to close its acquisition of the 45-percent stake of. (SPEX) by yearend. ....

Batangas City , Belinda Racela , Sherwint Gatchalian , Department Of Energy , Philippine National Oil Company , Exploration Corporation , Service Contract , Malampaya Energy , Udenna Group , Malampaya Energy Xp Pte , Sherwin Gatchalian , Energy Secretary Alfonso , படங்கங்கள் நகரம் , துறை ஆஃப் ஆற்றல் , பிலிப்பைன் தேசிய எண்ணெய் நிறுவனம் , ஆய்வு நிறுவனம் , சேவை ஒப்பந்த , ஆற்றல் செயலாளர் அல்போன்சோ ,