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THE Department of Energy (DoE) cited the renewal of the Malampaya service contract as one of the major accomplishments of the current administration, which focuses on utilizing indigenous energy sources for reliable, stable and affordable electricity supply.
“This is the key to our drive to energy security and calculated to advance the nation’s energy interest. This project will reduce our dependence on oil imports while ensuring a stable supply of energy,” Marcos said during the signing ceremony in Malacañang Palace.