BARMM, DOE sign joint circular on energy exploration, development

  • 📰 mindanewsdotcom
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 68%

Nigeria Nigeria Headlines News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

COTABATO CITY (MindaNews / 7 July) — The Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) and the Department of Energy (DOE) signed Thursday in Malacanang, the Intergovernmental Energy Board circular […]

Map of the Bangsamoro Autonomous Region in Muslim Mindanao in relation to Mindanao. BARMM comprises the provinces of Maguindanao del Norte, Maguindanao del Sur and Lanao del Sur in the mainland and the island provinces of Basilan, Sulu and Tawi-tawi, the cities of Marawi, Lamitan and Cotabato and 63 villages in six North Cotabato towns that voted for inclusion in the BARMM in February 2019. Map courtesy of the BARMM website.

It aims to make the region, with its vast and untapped energy sources, as the next energy resource hub in the Philippines amid the looming power crisis all over the country. “The unwavering commitment of the Government of the Philippines and the Bangsamoro Autonomous Region to work together to sustain the dividends of the peace process marks a new age of development for the Bangsamoro people at the time when we are sailing across the transition,” Ahod “Murad” Ebrahim, BARMM Chief Minister, said during his speech in Malacanang.

The Bangsamoro Law allows the national and Bangsamoro governments to jointly grant rights, privileges, and concessions for the exploration, development, and utilization of uranium and fossil fuels in the region. “I am optimistic that the strong collaborative relationship between the DOE and MENRE will continue as we move forward with the implementation of this joint circular,” the DOE chief added.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Marcos: Joint award of petroleum service contracts in BARMM crucial for energy supplyPresident Ferdinand "Bongbong" Marcos Jr. said Thursday that the signing of the circular on the joint award of petroleum service contracts in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) is crucial for ensuring the development of energy resources.
Source: gmanews - 🏆 11. / 68 Read more »

BARMM to emerge as next energy resource hub–PBBM | Samuel P. MedenillaPresident Ferdinand R. Marcos Jr. said the newly signed Intergovernmental Energy Board (IEB) Circular will help bring in more “vital investments” and generate more jobs at the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) by allowing the private sector to access the regions rich mineral resources.  The Chief Executive made the pronouncement after he…
Source: BusinessMirror - 🏆 19. / 59 Read more »

BARMM signs agreement to unlock region's energy potential, boost growthEnergy Secretary Raphael Lotilla says the agreement could establish the BARMM as another energy resource center in the Philippines.
Source: rapplerdotcom - 🏆 4. / 86 Read more »

DOE revisits factors behind low Green Energy Auction turnout | Lenie LecturaSUPPLY limitation, low incentives, delay in the conduct of grid impact studies, and the cost of financial guarantees are some of the reasons for the low turnout of bidders in the recently concluded second round of Green Energy Auction (GEA), according to energy secretary Raphael Lotilla. “We are going to…
Source: BusinessMirror - 🏆 19. / 59 Read more »