Letter of Instructions No. 983




The Minister of Energy



The Minister of the Budget



The Treasurer of the Philippines



The Chairman, Philippine National Oil Co.


In line with our country’s program to develop our indigenous energy resources in order to lessen our dependence on imported sources of energy, I have directed the acceleration of our program to produce Alcogas to displace current premium motor fuel utilization.  Pursuant to said directive, the Philippine Sugar Commission has entered into a lease contract with Victorias Milling Company for the use of their distillery in the production of alcohol for blending into Alcogas.


Because existing distilleries are geared only towards producing hydrous alcohol, which is incompatible for blending with gasoline, there is need to install a dehydration facility in Victorias to further process alcohol to the desired quality.  Additionally, further investments would be required for alcohol storage and blending facilities.


In view of the foregoing, the Treasurer of the Philippines is hereby directed to release to the Philippine National Oil Company, the amount of P 10.0 million out of the Special Fund created pursuant to Section 8 (j) of Republic Act No. 6173, as amended, to finance the investment requirements of the aforecited facilities.


The Philippine National Oil Company is hereby directed to submit to the President, a report accounting for the disbursement and utilization of the foregoing funds.


This Letter of Instruction shall take effect immediately.


Done in the City of Manila, this 1st day of February, in the year of Our Lord, Nineteen Hundred and Eighty.


What do you want to do now?


Go back to the Top; Go back to art’s 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:  August 21, 2016 07:43 PM.


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


Comments, suggestions, objections, or violent reactions?


Let me know.