Palawan prov’l board calls on industry giants to explore Palawan's oil & natural gas

May 28, 2013 10:21 pm 

PUERTO PRINCESA CITY, May 28 — The Sangguniang Panlalawigan Tuesday wants to summon foreign oil industry giants that want to explore for oil and natural gas in Palawan.

Vice Governor Clara Reyes, the presiding officer of the Palawan Sangguniang Panlalawigan and also chairperson of the body’s Committee on Environmental Protection and Natural Resources, said all oil companies have to show their development plans to ensure that their future operations can benefit Palaweños.

She also said even the Department of Energy (DOE) should be invited in the next regular session of the Sangguniang Panlalawigan to explain how Palawan and its people can benefit from any future oil and natural gas operation.

“We want to find out about their social programs for the barangays and the municipalities situated adjacent to their service contracts. We also ask representatives from the Department of Energy to come and explain to us the nature of the service contracts,” she said Tuesday, during the regular session of the Sangguniang Panlalawigan.

If invitations will reach the offices of the oil companies, they will be invited on June 4 to present their exploration programs, and their social development and management programs (SDMP) for the people dwelling around the area of their service contracts.

Among those that might be called is Pitkin Petroleum, an international upstream oil and gas company focused on tertiary basins primarily in the Pacific Rim region, with operations in Vietnam, the Philippines, Peru and the U.S.A.

Another one to be called is Australian firm Nido Petroleum Ltd. that is planning to penetrate an exploration well in a new prospect called “Baragatan” covered by Service Contract 63. The well reportedly has an oil volume of maybe up to 977 million barrels. (PNA)

FPV/CARF/SSC

Comments

Comments are closed.