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Prof. Miriam Coronel Ferrer Chair, Government Panel For MILF Talks Professor, Department of Political Science, University of The Philippines
Prof. Miriam Coronel Ferrer Chair, Government Panel For MILF Talks Professor, Department of Political Science, University of The Philippines
Prof. Miriam Coronel Ferrer Chair, Government Panel For MILF Talks Professor, Department of Political Science, University of The Philippines
Central Central
Government Government
0% 25%
Fossil Fuels
12/15/2015 confidential 9
The BBL does not amend PD 87 as to financial obligations of private contractors.
REVENUE SOURCES (PD 87)
Corp. Income Tax 30% of net income on petroleum operations- paid out of
government share
12/15/2015 confidential 10
Terms for Oil Exploration Contracts (PD 87)
12/15/2015 confidential 11
Section 33. Share of the Constituent Local Government Units. – The
share of the Bangsamoro Government in the revenues referred to in the
immediately preceding section shall include those for its constituent local
government units. The Bangsamoro Parliament shall enact a law detailing the
shares of such local government units.
The draft BBL does not
amend wealth-sharing
provisions in laws
relating to alternative
energy:
- RA 7638, Department
of Energy Act of 1992
- RA 9136, Electric Power
Industry Reform Act of
2001
- RA 9513, Renewable
Energy Act of 2008.
Geothermal
potential is
found in Mt.
Dakula, Sulu;
Malabang,Lanao
del Sur; and
Tuayan,
Maguindanao.
Prospective
mineral
resources
in the
Bangsamoro
core territory.
So far, very
little
geological
assessment
work has been
done in the
region.
(Bangsamoro
Development
Plan, 2014)
III. a. Situational Analysis
THE DRAFT BANGSAMORO BASIC LAW
HOUSE BILL 4994
SENATE BILL 2408
ARTICLE XII, Section 2. All lands of the public domain, waters, minerals,
coal, petroleum, and other mineral oils, all forces of potential energy,
fisheries, forests or timber, wildlife, flora and fauna, and other natural
resources are owned by the State. With the exception of agricultural
lands, all other natural resources shall not be alienated.
The Bangsamoro Parliament may, by law, require the persons, natural or juridical,
responsible for causing the harm or injury mentioned above to bear the costs of
compensation, relocation and rehabilitation mentioned above wholly or partially.
Section 10. Exploration, Development, and Utilization of
Fossil Fuels and Uranium. - The Bangsamoro Government and
the Central Government shall jointly exercise the power to grant
rights, privileges and concessions over the exploration,
development and utilization of fossil fuels (petroleum, natural gas,
and coal) and uranium in the Bangsamoro.