Its a big stamp of approval when the government owned Philippines National Oil Corporation farm into the project
"The Philippine National Oil Company (PNOC) is an energy company created on November 9, 1973, as a government-owned and controlled corporation founded during President Ferdinand Marcos' era to supply oil to the Philippines. Since then, its charter has been amended several times to include exploration, exploitation and development of all energy resources in the country"
Its a big stamp of approval when the government owned...
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