Pres. Duterte to visit Cebu on May 19-20

• Source: http://pia.gov.ph/news/articles/1008093
• Friday, May 18, 2018

By Rachelle Nessia (rmn/PIA7-Cebu)

CEBU CITY, May 18 (PIA) -- President Rodrigo Roa Duterte will be in Cebu to attend three events over the weekend.

On May 19, President Duterte will lead the Ceremonial Valve Opening of the Alegria Oil Field Polyard-3 Wellsite in Brgy. Montpeller, Alegria town that will mark the start of the oil and gas production in the area.

Afterwards, the President will have a walking briefing by China International Mining Petroleum Limited Company (CIMP) Assistant Country Manager Edgar Benedict Cutiongco.

The Alegria Oil and Gas Production Project is currently operating under Department of Energy (DOE) Service Contract 49 with CIMP as the major operator of the service contract covering a total production area of 42,749 hectares.

CIMP has entered in the contract a 25-year production period with possible extension of up to 15 years.

The province of Cebu especially Alegria town is expected to receive significant economic benefits from the production share of the government on the Oil and Gas Production Project.

The national government is expected to get 60 percent government share, 8 percent to the province of Cebu, 18 percent to Alegria, and 14 percent to the host barangay.

From Alegria, the President will proceed to Cebu City Sports Center in Cebu City for the opening ceremony of the Philippine National Games (PNG).

A crowd of around 10,000 composed of officials, directors, and employees of the Philippine Sports Commission (PSC), national athletes, officials and employees of local government units is expected to attend the ceremony.

During the program, PSC Commissioner Ramon Fernandez will light the Urn of Peace and Unity and Tribute for the Athletes.

The province of Cebu and Cebu City are this year's hosts of the PNG.

The President is also set to visit the municipality of Tabogon for the town's annual fiesta celebration.