PH, Indonesia sign MOU strengthening energy cooperation
- January 10, 2024
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The Philippines and Indonesia have signed a Memorandum of Understanding (MOU) to strengthen the energy cooperation between the two countries.
President Ferdinand Marcos Jr. and Indonesian President Joko Widodo pledged to support their respective energy sectors, particularly during times of shortages of energy supplies like coal and liquefied natural gas (LNG).
“The signing of the MOU reinf
Furthermore, the agreement would prove to be beneficial for both countries in terms of energy transition, renewable energy alliances, and alternative
The Department of Energy (DOE) said that both the Philippines and Indonesia shared common goals and would profit from the MOU, as both countries aim to transition to clean energy.
“Indonesia and the Philippines a
Additionally, 98% of the nation’s coal imports in 2022 came from Indonesia, Lotilla said.
Photo courtesy of Radyo Television Malacañang (RTVM) Live Broadcast