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This paper was prepared in response to various legislative inquiries on the exploration and operation of the Malampaya Natural Gas Project (MNGP).  Specifically, the discussion revolves around the following issues: (a) COA findings with regard to the net share in MNGP proceeds between the Philippine government and service contractor, (b) share of local government and/or province of Palawan, (c) allocation of Philippine government share, and (d) presidential prerogative in the allocation of funds/proceeds.  Considering that other service contracts will be negotiated sooner or later, it is best that clear-cut policies be set by the government to protect public interest and prevent misinterpretation.

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finffacts in figures

Panel Bot Budgetg Brieferbudget Briefer

 

 

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finffacts in figures

Panel Bot Budgetg Brieferbudget Briefer