For as long as this issue remains unresolved on the negotiating table, attempts to exploit and utilize these natural resources by foreign entities in partnership or with express permission of the government would result in depriving the Bangsamoro people of their collective proprietary right over the resources, the resolution added.
Gas exploration in Sulu Sea has been undertaken by ExxonMobil, the world’s largest publicly listed oil company.
The company’s Service Contract 56 covers an area of 8,200 square kilometers, located 200 kilometers northwest of Bongao, the capital of Tawi-Tawi.
On the other hand, the Electric Power Industry Reform Act of 2001 allows the privatization of the Agus and Pulangui hydropower complexes, which is operated by the state-run National Power Corp.
The 27-member Association of Mindanao Rural Electric Cooperatives, Inc.[]



