English: Specifically, Gatchalian said the circular prescribes the guidelines and procedures to ensure that the assignee or transferee possesses the legal qualification, financial resources, and technical expertise and experience to undertake its obligations and commitment under the petroleum service contract.
Filipino: Ayon kay Gatchalian ang nabanggit na department circular ay nagsasaad ng mga panuntunan at pamamaraan upang masiguro na ang assignee o transferee ay may sapat na legal qualification, financial resources, technical expertise at sapat na karanasan upang maisakatuparan ang mga obligasyon sa ilalim ng petroleum service contract.