PNOC seeks P8 billion budget for fuel stockpiling – Flapraze.buzz

PNOC seeks P8 billion budget for fuel stockpiling

MANILA, Philippines – The Philippine National Oil Co. (PNOC) has asked the House of Representatives for a P8 billion supplemental budget to purchase additional fuel as the government shores up its energy reserves, while also proposing a phased approach to building the country’s stockpile. The state-owned energy company urged lawmakers to approve an additional corporate

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