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(From BusinessWorld (Philippines))
Byline: Iris Cecilia C. Gonzales
Pilipinas Shell Petroleum Corp. is looking at the incentives environment in the Philippines as a key consideration to proceed with its plans to expand its refinery in the country.
Energy Secretary Raphael P.M. Lotilla told reporters, in a briefing yesterday after arriving from a nine-day five-nation investment trip to Europe with President Gloria Macapagal-Arroyo, that the United Kingdom- based Royal Dutch Shell Group is concerned about current national debates over moves in Congress - particularly in the Senate - to rationalize these tax perks. Leading the list of proposed changes …