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Time and again, powering a nation’s progress has always been a story about people power. A vision comes to life out of the resilience, commitment and sheer hard work of a group of passionate individuals who share the same goal.

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A pioneering forum on Philippine extractive industries urged increased transparency and accountability, in line with more exploration activities for indigenous resources becoming essential as the world becomes more prosperous and as the population increases.

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The recent Natural Gas Summit 2014 initiated by natural gas-powered countries Norway, Russia, Japan, The Netherlands, Great Britain and Spain in collaboration with the Philippines’ Department of Energy (DOE) brought together government and energy industry leaders to tackle the need for a more dynamic natural gas industry in the country, to continue powering the country’s robust economic growth which was forecasted by the International Monetary Fund (IMF) at 6.3 percent this year.

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European companies engaged in the development of the new gas platform for the Malampaya gas project in Palawan have poured in P45 billion in capital, encouraged by the success of the public-private partnership project.

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The Malampaya consortium, which has started  a $1-billion expansion program through two new project phases, said it is looking at investing more in the deep water gas-to-power project said it.

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                    [Title] => Europe firms invest P45B on new Malampaya gas platform
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European companies engaged in the development of the new gas platform for the Malampaya gas project in Palawan have poured in P45 billion in capital, encouraged by the success of the public-private partnership project.

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abtest

New Malampaya gas platform marks brighter energy future

October 25, 2015 - 10:00am

Time and again, powering a nation’s progress has always been a story about people power. A vision comes to life out of the resilience, commitment and sheer hard work of a group of passionate individuals who...

Business As Usual

Transparency, accountability urged in extractive industries

January 14, 2015 - 12:00am

A pioneering forum on Philippine extractive industries urged increased transparency and accountability, in line with more...

Business

Expansion of RP natural gas industry urged

April 14, 2014 - 12:00am

The recent Natural Gas Summit 2014 initiated by natural gas-powered countries Norway, Russia, Japan, The Netherlands, Great...

Business

Europe firms invest P45B on new Malampaya gas platform

February 22, 2014 - 12:00am

European companies engaged in the development of the new gas platform for the Malampaya gas project in Palawan have poured in P45 billion in capital, encouraged by the success of the public-private partnership ...

Business

Malampaya consortium seeks license extension

By Neil Jerome C. Morales | December 8, 2012 - 12:00am

The Malampaya consortium, which has started  a $1-billion expansion program through two new project phases, said it is...

Business