Funds for Energy Supply Base Expansion

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LETTER OF INSTRUCTION NO. 781: Funds for Energy Supply Base Expansion

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Title Source: Supreme Court: Funds for Energy Supply Base Expansion

Law: Letter Of Instruction No. 781

Decision Date: Dec 7, 1978

A directive is issued to the Philippine National Oil Company to expand and upgrade facilities at the Energy Supply Base in Batangas, providing logistical support for petroleum and energy-related operations in the Philippines, with a budget of Twenty Million Pesos.

Law Summary

Funding Allocation and Source

The Budget Ministry and the National Treasury are instructed to release funds to PNOC immediately.
The amount allocated is Twenty Million Pesos (P20,000,000.00).
Funds will be disbursed from the Special Fund created under Section 8(j) of Republic Act No. 6173, as amended.

Scope and Purpose of Fund Utilization

The allocated funds are specifically for the expansion and upgrading of PNOC’s energy supply base facilities.
The purpose is to strengthen logistical capabilities for petroleum and energy-related exploration efforts.

Effectivity

This Letter of Instruction takes effect immediately upon issuance.

Legal Authority and Compliance

This directive is issued under the authority of the President of the Philippines.
PNOC, along with the Budget Ministry and National Treasury, are legally bound to comply with this instruction promptly.

END