Taguig City – On April 13, 2022, the Philippine National Oil Company, represented by President and CEO Jesus Cristino P. Posadas and Senior Vice President for Energy Business Atty. Graciela M. Barleta signed a Memorandum of Understanding with the Philippine Reclamation Authority, represented by its General Manager and CEO Atty. Janilo E. Rubiato, PRA Chairman Alberto Agra, and Assistant General Manager – Reclamation and Regulation Office Atty. Joseph John M. Literal.
On September 21, 2021, PNOC pre-qualified to pursue its application to reclaim. Thus, the parties entered into the MOU to guide PNOC on the mandatory requirements, timeline, and process for the review and evaluation of the proposed reclamation of 37,270 sq.m. of Batangas Bay. The reclamation is a component of the ESB Port Development Project and will allow the extension of the marginal wharf to reach the desired 12-15 meters depth.