Philippines to launch fifth energy contracting round in Q1 2014
he Philippines plans to launch its fifth energy contracting round for exploration projects in the first quarter of next year, Ramon Allan V Oca, undersecretary at the Department of Energy, said Monday.
“As announced by [Energy] Secretary Carlos Jerico Petilla, PECR5 [Philippine Energy Contracting Round 5] will be launched sometime in the first quarter of next year,” Oca said.
He declined to clarify on the number of oil and gas as well as coal blocks to be offered in the bidding round.
Read more at: http://www.platts.com/latest-news/oil/hanoi/philippines-to-launch-fifth-energy-contracting-27666523
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