THE Department of Energy (DOE) said it will honor the sanctity of contracts of the Malampaya gas project off northwest Palawan and urged the Commission on Audit (COA) to revise its decision.
The COA has issued a notice of charge to collect from the Malampaya consortium, composed of Shell Philippines Exploration B.V. (Spex), Chevron Malampaya LLC and PNOC Exploration Corp. a staggering P151 billion covering the period 2002 to 2016.
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