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PNOC-EC taking over CNG facilities of Shell in PH

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MANILA, Philippines—PNOC Exploration Corp., the upstream oil and coal arm of state-run Philippine National Oil Co., is set to finally take over the compressed natural gas facilities of Shell Companies in the Philippines.

In a briefing last week, PNOC-EC chair Gemiliano Lopez Jr. said the company would sign on Wednesday three memoranda of agreement that will allow it to revive the failed Natural Gas Vehicle Program for Public Transport (NGVPPT) of the previous administration.

“PNOC-EC is ready, willing and dependable to take the lead in the natural vehicle gas program,” Lopez said.

The three agreements to be signed on Wednesday, according to Energy Undersecretary Jose M. Layug Jr., will be for the transfer to PNOC-EC of the lone set of mother and daughter CNG stations in Batangas and Laguna, which are owned by Shell; assignment of gas sales contract with the Malampaya consortium from Shell to PNOC-EC; and for the arrangement with bus operators.

PNOC-EC plans to spend about P400 million to put up an additional CNG refilling station in Batangas and another set of mother and daughter CNG stations by 2012.

Joseph Omar A. Castillo, PNOC-EC vice president for the business operations division, earlier said the daughter (refilling) CNG station in Batangas would be constructed as soon as the agreement was signed. The facility will take six months to build, he added.

PNOC-EC also targets to replace the technology being used by the existing mother and daughter station.

The government acquisition of the CNG facilities was expected to revive the failed seven-year natural gas for transport program of the previous administration and push forward the use of this alternative fuel through a different approach.

The government has long been pushing for the use of alternative fuels such as natural gas, as this can help address spiraling fuel prices in the long run, expected diminishing petroleum supply and the looming environmental problems such as climate change.


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Tags: Business , Natural Gas , oil , pnoc , PNOC-EC

  • http://joboni96.myopenid.com/ joboni96

    malala na talaga
    pakawalang aso
    ng u.s. embassy

  • http://joboni96.myopenid.com/ joboni96

    syang dapat
    public ownership ng mga
    basic utilities

    sana’y kunti lang
    cutkong

    isunod na
    meralco
    manila water at maynilad
    transco
    power plants etc

    baliktad utak kasi ni aroyo
    binenta ang pilipinas
    sa dayuhan

    dahil dito
    dapat ilagay sa munti

    • http://profile.yahoo.com/RXZ5XENTQSFR6HPWMLEUG3TGGY Kerby

      eh gusto naman ng iba *dyan* lahat state runned di ba?

      kasi obvious na komunistang tukmol xa.
      mabuti pa, pag igihan ang pangongolekta
      ng revolutionary taxes! kasi nabibitin daw
      mga gimik ni JoMa Sison!
      gusto nya raw uli magipaggilingan kay Ara mina!

      or mas maigi pa, bumalik nalang sa bundok!
      tiga bundok naman kasi ung *iba dyan* di ba?
      tsupe! alis na mga makakaliwang kuto sa bayag dito.

      • http://joboni96.myopenid.com/ joboni96

        hehehe
        lakas ng asar ng
        colonized utak
        u.s. collaborator

        sa lakas
        di na makapag isip

      • http://profile.yahoo.com/RXZ5XENTQSFR6HPWMLEUG3TGGY Kerby

        higpitan nya kamo pagyakap nya sa bayag ni Hu Jintao para lumaki padala nya sa mga makakaliwang tukmol *dyan*.

      • http://joboni96.myopenid.com/ joboni96

        parehas lang ng tsina
        ang u.s.
        mananakop din
        di mo ba gets
        o tukmol ka

        bentahe ng tsina
        milyong 5th column na
        nasa pilipinas

        may triad na
        drug lords pa

      • http://profile.yahoo.com/RXZ5XENTQSFR6HPWMLEUG3TGGY Kerby

        oi bawal kumagat ang aso sa amo nya… o baka kungfupanda-rally mode nanaman ba yan? (d ko makalimutan talaga ung kengkoy nyong rally laban sa China. halatang jinojoke nyo lang mga amo nyo eh. sabagay d ko kayo masisisi… baka nga naman pagpagin yang pagkakakapit nyong mga kuto sa bayag nila)

  • kismaytami

    Magkano kaya ang maibubulsa ng mga KKK sa cashunduang ito?

    • dgboy

       si bonifacio tinutukoy mo, haha! Bitter ka at sour pa



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