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The proponents of the Malampaya deep water gas-to-power project in offshore Palawan are expected to turn over lower royalties to the government for 2015 due to depressed global oil prices.

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                    [Title] => Malampaya banked gas award seen next year
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The awarding of the contract for banked gas from the Malampaya deep water gas-to-power project in offshore Palawan would likely be made in 2016, the operator of the gas field said.

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                    [Title] => Power situation still stable – Petilla
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The country’s energy chief is keeping his fingers crossed that the Luzon grid’s power situation would remain stable even as the critical summer season sets in.

                    [DatePublished] => 2015-03-27 00:00:00
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                    [Title] => SMC preparing bid for Malampaya
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Foods to infrastructure conglomerate San Miguel Corp. (SMC) has taken strong interest in owning and operating the Malampaya deep water gas-to-power project, the country’s largest producing gas field, years before the facility is placed on the auction block.

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Energy Secretary Carlos Jericho Petilla is seeking a bigger government share from the billion-dollar revenues of the deep-water, natural gas-to-power Malampaya project in Northwest Palawan, the landmark discovery that signaled the birth of the natural gas industry in the country.

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                    [Title] => Malampaya gas to last till 2030, says study
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Natural gas from the Malampaya gas field is expected to last until 2029 to 2030, longer than the earlier projected depletion date of 2024, according to latest studies commissioned by the consortium behind the deep water to gas Malampaya gas field.

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                    [Title] => Gov’t mulls bidding for Malampaya banked gas
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The government is eyeing to bid out unused Malampaya natural gas, more commonly known as banked gas, within the year, a member of the gas-producing consortium said.

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                    [Title] => Malampaya sets month-long shutdown
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The Malampaya deep water-to-gas power facility in Palawan will proceed with its month-long maintenance shutdown next year despite the tight power supply situation expected in the summer of 2015.

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SHELL PHILIPPINES EXPLORATION B

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Foods to infrastructure conglomerate San Miguel Corp. (SMC) has taken strong interest in owning and operating the Malampaya deep water gas-to-power project, the country’s largest producing gas field, years before the facility is placed on the auction block.

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Energy Secretary Carlos Jericho Petilla is seeking a bigger government share from the billion-dollar revenues of the deep-water, natural gas-to-power Malampaya project in Northwest Palawan, the landmark discovery that signaled the birth of the natural gas industry in the country.

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                    [Title] => Malampaya gas to last till 2030, says study
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Natural gas from the Malampaya gas field is expected to last until 2029 to 2030, longer than the earlier projected depletion date of 2024, according to latest studies commissioned by the consortium behind the deep water to gas Malampaya gas field.

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The government is eyeing to bid out unused Malampaya natural gas, more commonly known as banked gas, within the year, a member of the gas-producing consortium said.

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The Malampaya deep water-to-gas power facility in Palawan will proceed with its month-long maintenance shutdown next year despite the tight power supply situation expected in the summer of 2015.

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abtest