🌏 Asia 7h ago · Delon Porcalla

‘Malampaya royalties can boost energy security’

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Gas royalties of the national government from the Malampaya Deep Water Gas-to-Power Project can help augment and utilize the state-owned Philippine National Oil Co. (PNOC) and develop “new critical coastal petroleum storage facilities” to boost the country’s oil buffer stocks, according to a congressman.

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