The Philippines continues to engage in bilateral cooperation with various other countries. Formal agreements have been forged in the following bilateral cooperation:

The DOE and the Russian Ministry of Energy (MOE) is currently preparing for the First Philippines-Russia Energy Experts Meeting scheduled to be held during the first quarter of 2006 in Manila, Philippines. The MOU between DOE and MOE on Cooperation in the Field of Energy has already been drafted. The document will be reviewed in an inter-agency meeting under the flagship of the Philippine Department of Foreign Affairs (DFA), then sent to the Russian side for comments. The Republic of the Philippines and the Russian Federation, through the MOU, are exploring possibilities for the following:

• Russia to supply oil and oil products to the Philippines
• The Philippines to become a supply hub for Russian oil to serve East Asian markets

DOE has invited the People's Republic of China through its National Development and Reform Commission (NDRC) to strengthen its energy cooperation with the Philippines. The MOU is a re-affirmation of China's role in enhancing the country's energy security especially in the area of coal supply.

The Philippines is considering the possibility of sourcing crude oil and oil products from Venezuela and the provision of capacity building for DOE and PNOC in the field of oil and gas exploration, production, downstream facilities and transportation. An MOU for this purpose is currently being negotiated with Venezuela.

The Philippines and KSA are slated to sign MOUs on Enhanced Oil and Gas Database and on Capacity Building in the Philippine Petroleum Industry following the agreements reached in a bilateral meeting between the energy leaders of both countries held in March 2005. The draft documents are now being reviewed.

A Joint Working Group Meeting organized by DTI between the Philippines and India in September 2005 in Makati City, emphasized a mutual need to intensify the use of renewable sources of energy in the light of increasing prices of oil. Along this line, DOE expressed its strong interest to revive the MOU on Cooperation on Renewable Energy with the Indian Ministry of Non-Conventional Energy Sources (MNES) that was forged in 1996 but has since expired in 1999. A new draft MOU is now with DFA for transmittal to MNES. India has highly developed technology for natural gas which could be utilized in the Philippines. Also in September 2003, the DOE entered into a three-year MOU with GAIL (India) Limited to foster a mutually-beneficial relationship through joint cooperation in the development of the Philippine Natural Gas Industry.

In August 2004, the government has entered into a bilateral cooperation with Thailand through the Petroleum Authority of Thailand (PTT). This cooperation encompasses the following: (1) formulation of harmonized regional standards on ethanol; (2) rationalization of the ASEAN automobile industry (3) technical collaboration of PTT and Petron Philippines for the distribution and logistics of ethanol in the country; and (4) provision of technical assistance for the testing of ethanol-run vehicles.