Net national government share

In power and oil and gas exploration: the share of the national government from the net government share after the deduction from the net government share of the local government share pursuant to Section 290 of Republic Act No. 7160, otherwise known as the...

Net government share

In power and oil and gas exploration: the sixty percent (60%) share of the national government from the net production proceeds of Service Contract 38 pursuant to Presidential Decree No. 87, otherwise known as ‘The Oil Exploration and Development Act of 1972’, after...

Malampaya fund

In power and oil and gas exploration: the existing and future government share from the net production proceeds of the Malampaya Natural Gas Project pursuant to Presidential Decree No. 87, otherwise known as “The Oil Exploration and Development Act of...

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