Chevron and BLC sign MOU to enter into a new lease agreement for country’s energy security
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| Government officials witnessed the signing of Memorandum of Understanding between Chevron Philippines Inc. and Batangas Land Company Inc. From left to right: Government Corporate Counsel Justice Rogelio Quevedo, Secretary of the Department of Energy Raphael P.M. Lotilla, US Ambassador Mary Kay Carlson, Secretary of the Department of Trade and Industry Alfredo E. Pascual, General Manager of National of Development Company Anton Mauricio, Governor of Batangas Hermilando Mandanas, CPI Chairman Billy Liu and Batangas Land President Lilia Arce. |
Chevron Philippines Inc. (CPI), marketer of the Caltex brand of fuels and lubricants, and Batangas Land Company, Inc. (BLC) today signed a memorandum of understanding (MOU) to work towards a mutually satisfactory agreement for the renewal of CPI's lease in San Pascual, Batangas; Lapu-Lapu, Cebu; San Fernando (Poro), La Union; and Sasa, Davao City.
The MOU signing was held at the Grand Hyatt Hotel in Bonifacio Global City between CPI Country Chairman Billy Liu and BLC President Lilia Arce.
