PNOC made the vow in response to Commission on Audit’s call for the resolution of the issue that has affected its financial records.
COA reiterated its previous recommendation for PNOC to continue to “exert extra effort” in resolving which between PNOC and PSALM should pay for the output VAT from the sale. The Office of the Secretary-General was also asked to step into the controversy to resolve the issue.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: