Difference between revisions of "Sorsogon Province, Philippines"

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Sorsogon Province, Philippines (view source)

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==[[Sorsogon News]]==
==[[Sorsogon News]]==
'''March 31st: Firms vie for 38 coal prospects…………March 31st: Nowhere in the mining map…………..March 31st: New Philippine Mining Rules Likely This Summer..'''
'''TEAM ASIA TAKES 4-3 SERIES LEAD OVER TEAM PHILIPPINES AS CHANG BEATS ALCANO'''
*Source: http://philippineminingclub.com/news/march-31st-firms-vie-for-38-coal-prospects-march-31st-nowhere-in-the-mining-map-march-31st-new-philippine-mining-rules-likely-this-summer/
*Source: http://philboxing.com/news/story-68282.html
*MARCH 31, 2012
*Sun, 01 Apr 2012
:by  Amy R. Remo, Philippine Daily Inquirer.
:by  Marlon Bernardino






The Department of Energy on Friday received 69 bids for contracts to explore and develop 38 highly prospective coal blocks across the country, considered an “overwhelming” number that proved investors’ unwavering confidence in the Philippines.
TAIWANESE cue artist Chang Yu Long defeated Filipino Ronato "Volcano" Alcano bagging the top prize of the Philippine Bigtime Billiards Face-Off series on Saturday at the Airport Pagcor Casino in Paranaque City.  
At the sidelines of the opening of bid offers Friday, Energy Undersecretary Jose M. Layug Jr. said the Philippine Energy Contracting Round 4 for coal attracted a lot of potential investors, of which about half were new players in the local coal industry.
 
Among the companies that submitted bids were Benguet Corp., Semirara Mining Corp., PNOC Exploration Corp., South Davao Development Co. Inc., SKI Mining and Empire Asia Mining Corp.
Chang won two straight racks to edged Alcano, 9-7, in the race-to-9 event backed up by Sorsogon Province Sports Patron Philip Escudero, Malungai Life Oil, Mandarin Sky Sea Food Restaurant, Servo Marketing, Hermes Sports Bar, Golden Leaf Restaurant, Bugsy Promotions, Billiards Managers and Players Association of the Philippines (BMPAP), Airport Casino Filipino and The Philippine Star as official media partner.
Layug said the DOE was targeting to award contracts within 150 days from the bid opening date yesterday, or by August 2012 at the latest. The coal blocks that had only one bidder will be processed faster than those that had six to eight bidders. For the coal blocks that did not have bidders, the DOE is set to re-offer these areas in future PECRs.
 
The offered coal blocks were in Quezon, Camarines Norte, Albay, Sorsogon, Masbate, Occidental Mindoro, Oriental Mindoro, Negros Occidental, Cebu, Bohol, Agusan del Norte, Misamis Oriental, Agusan del Sur, Surigao del Sur, Compostela Valley, Davao Oriental, Lanao del Sur, Lanao del Norte, South Cotabato, Sultan Kudarat, Sarangani, Zamboanga del Norte, and Zamboanga Sibugay.
The win was worth $5,000 for Chang while Alcano settled for $2,500 in the winner's break format, dubbed as Philippines versus Asia, jointly organized by the Mega Sports World and BRKHRD Corp and aired live over Solar Sports, Sky Channel 70 and Destiny Channel 34, and also aired worldwide through the Internet, live streaming at www.megasportsworld.com and www.philippinebigtimebilliards.com. The win allowed Team Asia takes 4-3 series lead against Team Philippines.  
Initially, the DOE offered 30 coal blocks when it launched the PECR 4 for coal in December last year. Should all the 30 contracts be awarded, the DOE is expecting initial investments to run up to P2.4 billion within a two-year exploration period.
 
The number of areas, however, were increased to 38 blocks in anticipation of a huge number of bidders.
Chang saw his big lead, 5-2, by winning three straight racks before Alcano fought back from the grave to cut the lead at 5-4 in favor of the former (Chang).  
Layug stressed the need for the country to harness its own coal resources given an increasing demand for the commodity, which now stood at about 12 million metric tons a year. Local production averaged 7 million MT, of which 3 million tons are exported to various Asian markets. Coal imports remained huge at 7 million tons a year, he added.
 
It is expected that over the next 20 years, coal will remain the major fuel for power generation and the government continues to encourage the private sector to explore and develop the country’s prospective coal blocks to find additional reserves that can be used to address growing local demand.
However, Chang won two of the three racks to go up, 7-5. Alcano managed to level the match at 7 in the 14th frame but the Taiwanese took the last two racks for the win.  
By harnessing its own resources, the government believes that it will be able to push for energy independence that will allow it to reduce its fuel imports as well as lessen its vulnerability to global price fluctuations.
 
“Luck played a part in my victory." said Chang through an interpreter. " Ronato (Alcano) is a very tough opponent." he added.
 
It shall be recalled that last March 24, Filipino Francisco "Django" Bustamante toppled Taiwanese Yang Ching-shun, 9-3, to lift Team Philippines series tied 3-3 against Team Asia.  
 
Earlier, Ko Pin-yi of Chinese-Taipei downed Filipino pool maestro Efren "Bata" Reyes, 9-4, last February 18. However, Bustamante pull off a come-from-behind win against Ko, 9-7, last February 25 to avenged the loss of his fellow Puyat Sports player Reyes. Chang Jung-lin of Chinese-Taipei, on the other hand beat Lee Vann "The Slayer" Corteza, 9-7, last March 3, then edged Dennis "Robocop" Orollo, 9-8, last March 10. But Carlo " The Black Tiger" Biado downed Taiwanese Yang Ching-shun, 9-3, last March 17 to cut the lead of Team Asia into a 3-2 score against Team Philippines in the Philippine Bigtime Billiards introduces a fresh new format for 2012.  
 
Meanwhile, the PBB Face Off series resumes with a match pitting Liu Hai Tao of China against Alex "The Lion" Pagulayan on April 14, Liu then face Dennis "Robocop" Orcollo on April 21 and Fong Pang Chao of Chinese-Taipei opposite Lee Vann "The Slayer" Corteza on April 28.


==Photo Gallery of Sorsogon, Philippines==
==Photo Gallery of Sorsogon, Philippines==
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