Granting of petroleum rights.
Article 5
ART. 5. Granting of petroleum rights.—The right to ex-plore for, develop, exploit or utilize the petroleum resources described in article three hereof may only be granted to duly qualified persons by means of concessions in accordance with the provisions of this Act. The Government, however, reserves the right to undertake such work either by itself or through its instrumentalities, or through competent persons qualified to undertake such work as independent contractor or contractors under a contract of service executed for the Republic of the Philippines by the President and approved by the Congress of the Philippines in accordance with the provisions of article thirteen of this Act. Exploration or exploitation rights may be exclusive within certain areas; but no exclusive rights may be granted for refining or transportation.