Cusi woos energy investments from EU

THE country’s energy chief on Tuesday invited European businesses to invest in the Philippine energy sector and help boost the country’s economy during a business summit held in Makati City.

“We are now in the process of reviewing our fuel and capacity mix policy to really ensure the right level of diversification and balance in our existing energy resources, to avoid overdependence on any one fuel source,” Energy Secretary Alfonso G. Cusi said at the EU-Philippines Business Summit 2016 held at the Shangri-La Hotel Makati.