Devanadera assures E.O. 839 will be lifted

November 12, 2009 9:32 pm 

MANILA, Nov. 13 — Department of Justice (DOJ) Acting Secretary and concurrent Solicitor General Agnes Devanadera on Friday assured that the implementation of Executive Order 839 will be lifted.

The expected lifting of E.O. 839 is based on the recommendation of the National Disaster Coordinating Council (NDCC) and the Department of Trade and Industry (DTI).

President Gloria Macapagal-Arroyo is set to act on E.O. 839 after attending the Asia-Pacific Economic Cooperation (APEC) in Singapore this weekend.

President Arroyo issued E.O. 839 ordering a price freeze on petroleum products at the Oct. 15, 2009 levels in Luzon.

According to Devanadera, E.O. 839 is as good as lifted, adding that there will be no "partial lifting".

However, she said, because there are some areas still heavily-affected by the recent typhoons, there will be discounts in the price of petroleum products.

"Discount on selected areas for selected products," she stressed.

Among the discounts are: P2 per liter of diesel; P1.50 per liter of kerosene, P1.25 per liter of gasoline and 85 centavos per liter of regular gas.

The areas heavily-devastated by typhoons "Ondoy" and "Pepeng" are: Benguet, Baguio City, Pangasinan, Eastern Laguna, Rizal, Ilocos Norte, Ilocos Sur, Mountain Province, Isabela, Cainta, Marikina City, Malabon City and Pasig City.

"It's only a propaganda that says that we are afraid of the oil companies because why shall we be afraid, when in fact, we have the power to prosecute," Devanadera pointed out.

To recall, oil companies warned that the continued implementation of E.O. 839 may result in oil supply shortage, adding that, they will not anymore import petroleum products when their supplies are depleted.

They also warned that if the oil price freeze will not be lifted, the investment sector will be affected in the long run. (PNA) V3/PTR


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