Letter of Instructions No. 392




The Commissioner of the Budget



The Treasurer of the Philippines



The Chairman of the Philippine National Oil Company


In accordance with Government directives the Philippine National Oil Company has been undertaking or coordinating Government programs relating to: (1) special projects designed to assist vital sectors of the economy in connection with their purchase of petroleum products; (2) measures, programs and campaigns concerning the Energy Conservation Program of the Government; and (3) scholarship assistance to deserving Filipino Muslim students in the Middle East.  To finance these activities, it is hereby directed that the sum of P 15,000,000.00 from the Special Fund created under Section 8 (j) of Republic Act No. 6173, as amended, be released to the Philippine National Oil Company immediately.  The Philippine National Oil Company shall, from time to time and as required by the President, render an accounting to the President of all disbursements of the foregoing amount.


Done in the City of Manila, this 8th day of April, in the year of Our Lord, nineteen hundred and seventy-six.


What do you want to do now?


Go back to the Top; Go back to artís home page; Laugh or Be Entertained; Destroy Cartels and Monopolies; Invest or Find a Job; Check Software or a Computer; Check out the latest News; Look for a School; Greet a Friend; Dip Into Black Gold and be Electrified; Express Yourself; Relive the Past; Get Involved in the Law. Government & Politics; Read Some Classics; Consult the laws of the Philippine Energy Sector; Philosophize; or Search.


This page is best viewed using Microsoft Internet Explorer 11.0.


Last revised:  February 26, 2016 02:13 AM.


Caveat EmptorOwners of the sites included herein do not explicitly endorse this page.


Comments, suggestions, objections, or violent reactions?


Let me know.