New deadline for gas applicationshome/Business/Top Business/New deadline for gas applicationsTHE Department of Energy (DoE) has extended the deadline for the filing of application to explore and develop petroleum resources in the Philippines at the request of investors. In November last year, the DoE formally launched the Philippine Conventional Energy Contracting Program (PCECP) which would allow the government to facilitate applications and the awarding of service contracts. The DoE has set a May 21 deadline for the submission of applications, but in a website post on Thursday, it said the deadline has been moved to August 19. “The DOE decided to extend the application deadline to allow us to accommodate more applications from potential investors. Under the first mode, those interested have up to 180 days to file their applications.

Source: Manila Times May 17, 2019 17:26 UTC