Charter of Philippine National Oil Company

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Title Supreme Court: Charter of Philippine National Oil Company

Law: Presidential Decree No. 334

Decision Date: Nov 9, 1973

Presidential Decree No. 334 establishes the Philippine National Oil Company (PNOC) to ensure a stable supply of oil and petroleum products, promote local oil exploration and development, and foster economic growth, with the PNOC having various powers and functions to carry out these objectives.

presidential decree

oil supply stability

local oil exploration

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