CHEVRON REITERATES COMMITMENT TO RP GROWTH
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03 December 2008 – Mr. Peter J. Robertson, Vice-Chairman of the Board of Chevron, called on Philippine Ambassador to the United States, Willy C. Gaa, to convey the continued support of Chevron for the economic growth of the Philippines. Mr. Robertson said that Chevron welcomes the passage of the Renewable Energy Act of 2007, saying that this will greatly boost the partnership between Chevron and the Philippines in the area of energy development and security.
Mr. Robertson extended Chevron’s appreciation to the Philippine Government for its continued support of its activities in the country. Chevron’s presence in the Philippines, according to Mr. Robertson, is primarily in four areas: 1) Malampaya gas production; 2) geothermal; 3) shared-services; and 4) marketing. Through its operation in the Philippines and Indonesia, Chevron is now considered the world’s largest geothermal- producing company.
Ambassador Gaa likewise thanked Chevron for the socio-civic work being extended by Chevron and its partners in the Philippines. In this regard, Mr. Robertson highlighted the unwavering advocacy of Chevron values in partnering with communities, citing Chevron’s immediate response to the creation of the Global Fund to Fight AIDS, Tuberculosis and Malaria – a US$30 million endowment, which will be equally spread over six countries to fight these infectious diseases. In the Philippines, which is to receive US$5 million from the Chevron grant, through the Tropical Disease Foundation, tuberculosis mitigation and prevention programs will benefit.
Before concluding the call, Mr. Robertson emphasized that the Philippines remains an important and strategic partner of Chevron in the region.
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Chevron Vice-Chairman Mr. Peter J. Robertson with RP Ambassador to the US Willy C. Gaa during the former’s courtesy call on the Ambassador
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