The Philippines’ natural gas supply from the Malampaya field is projected to last until 2024, making the country an emerging liquefied natural gas (LNG) market in Asia, Department of Energy (DoE) Undersecretary Jesus Cristino Posadas said Tuesday.
“We are working closely with legislators to facilitate the enactment of a law declaring energy projects as projects of national significance and for the Philippine Department of Energy to develop a program for LNG infrastructure,” Posadas said as he opened the three-day 6th Asean+3 Oil Market and Natural Gas Forum and Business Dialogue held at the Sofitel Hotel.
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