The Philippines’ first natural gas discovery in more than a decade has raised hopes of reviving the fossil fuel’s role in the nation’s energy mix and uncovering further resources near the ageing Malampaya field, as Manila seeks to cut dependence on coal and imported oil.
President Ferdinand Marcos Jnr announced on Monday that a “significant natural gas discovery” had been made at a well known as Malampaya East-1, or MAE-1, about 5km (3.1 miles) from the existing Malampaya gas field off the coast...
Espace publicitaire · 300×250
