The Philippines is offering 11 areas for petroleum exploration and 15 areas for coal exploration under the 5th Philippine Energy Contracting Round (PECR-5), formally launched on Friday by the Department of Energy (DOE).
At a presentation and briefing in Makati, the DOE said that the 11 areas for petroleum exploration are mostly located in Luzon while the 15 areas for coal exploration are largely concentrated in Mindanao.
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