Marcos makes an aerial inspection of Malampaya Phase 4 Project
President Ferdinand Marcos Jr. inspected the Malampaya Phase 4 project in Palawan, which aims to expand the Philippines' natural gas supply. The project includes new wells that are expected to extend the gas field's operational life until 2034.
Why it matters
Extending the life of the Malampaya gas field is critical for the Philippines' energy security and reducing reliance on imported liquefied natural gas.
MANILA, Philippines - President Ferdinand Marcos Jr. on Thursday conducted an aerial inspection of the progress of the Malampaya Phase 4 Project in Palawan, which aims to expand natural gas supply and extend the productive life of the Malampaya gas field.
The inspection comes as the government accelerates the development of the Malampaya gas field, the country's only producing natural gas field.
Government seeks to extend its operational life beyond the previously projected 2027 depletion of its reserves.
READ: Malampaya East 1 gas field discovered - Marcos
"This is an important step toward reducing our dependence on imported LNG and providing a more reliable energy supply for millions of Filipino households," said Marcos in a social media post.
Expected to supply enough natural gas to power about 13 million homes, the Malampaya Phase 4 Project will include three new wells: Malampaya East-1 (MAE-1), Camago-3 and Bagong Pag-asa-1.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in