Friday, 30 March, 2012 Written by Lailany P. Gomez
The government Friday received 69 bids for 38 coal exploration contracts, Energy Undersecretary Jose Layug said.
Benguet Corp. and Semirara Mining Corp., the biggest domestic coal producer and exporter, were among the companies that offered to explore for coal, Layug said. The Philippines produced 7.6 million tons of coal and imported 10.96 million tons in 2011, according to data from the department.
“As we announced earlier at the initial pre-qualification process, we were overwhelmed with the interested parties. You are seeing new parties on the list. A lot of them we don’t know. It is a good indicator,” Layug told reporters at the sidelines of the opening of the bidding round.
He said the government pre-qualified some of the bidders and asked others to appeal their offers.
State-run Philippine National Oil Company-Exploration Corp. took part in the bidding for coal exploration and development.
The others in the list are Sultan Energy Phil. Corp., Bislig Venture Construction and Development Corp., SKI Mining Corp., SJH Coal Mining Development Corp., Philex Petroleum, Mineral Exploration & Geoanalysis Philippines Inc., One Asia, South China Resources Inc., Basic Energy Resources Corp., South Davao Development Corporation Inc. and Bentley Fairview Resources Corp.
(Published in the Manila Standard Today newspaper on /2012/March/31)
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