Four years after he proudly declared that Marawi City had been “liberated from terrorist influence,” President Duterte returned to the devastated city last Saturday with a markedly apologetic tone. “Let me take this opportunity to reassure the people of Marawi that the government is doing its best to expedite the completion of rehabilitation projects at the soonest possible time,” he said in his speech in the capital of Lanao del Sur. The reassurances were needed, because
Service Contract No. 38 (SC 38) covering the Malampaya gas field, granted by the Philippine government to the Shell-Chevron consortium in December 1990 and now 90 percent owned by UC Malampaya of Davao-based businessman Dennis Uy, will expire in December 2024. Upon such expiry, all the fixed assets of the Service Contract holder, presently valued at US$4.5 billion, will belong solely to the Philippine government under the terms of the Service Contract. These assets include the critical gas pipeline from Malampaya to Batangas. Dennis Uy wants the Department of Energy (DOE) to extend SC 38 since the existing producing wells will
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