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New Zealand Prime Minister John Key and Benigno Aquino III, John Key (Courtesy AP PHOTO) |
New Zealand's Institute of Geological and Nuclear Sciences (GNS Science) will conduct viability reviews of the Philippines' Energy Development Corporation (EDC) steam fields over six months, said a statement from GNS Science.
Geothermal energy development was one of a number of areas of improved cooperation, including defense, tourism, and trade, which were discussed during the two-day state visit of Philippines President Benigno Aquino to New Zealand this week.
In an initial study, GNS Science would determine the resource viability of two major geothermal fields in the Philippines, as well as reviewing the reservoir strategies and drilling performance of EDC.
EDC chief operating officer Richard Tantoco said in the statement that GNS Science would work with local specialists to help improve geothermal operations at several fields.
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