Intercontinental London Park Lane Hotel
6 June 2012
After the business meeting with Shell executives, President Benigno S. Aquino III witnessed the signing of a Memorandum of Understanding (MOU) between the Department of Energy and Shell on the third day of his official visit to United Kingdom.
Energy Secretary Jose Rene Almendras and Shell Companies in the Philippines Chairman Edgar Chua signed the MOU for the proposed LNG Receiving Facility Feasibility Studies.
It aims for the “mutual cooperation and coordination on the conduct of a technical feasibility study for the development, construction and operation by Shell of an LNG import and regasification terminal adjacent to the Shell refinery in Batangas City.”
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