MANILA: The Philippines on Monday announced a new natural gas discovery, with the reservoir near the country’s largest offshore site estimated to be enough to power about 5.7 million households per year.
About 2.8 billion cubic meters (98 billion cubic feet) of gas were found 5km east of the Malampaya field near the island of Palawan, President Ferdinand Marcos Jr. said in a Facebook video.
“This is equivalent to nearly 14 billion kilowatt-hours of electricity per year. That means it could supply power to more than 5.7 million households, 9,500 buildings, or nearly 200,000 schools,” Marcos said.
“This helps Malampaya’s contribution and strengthens our domestic gas supply for many years to come. Initial testing showed that the well flowed at 60 million cubic feet (1.7 million cubic meters) per day.”
Malampaya, discovered in 1989 and operational since 2001, is the Philippines’ most important natural gas field, located off the west coast of Palawan Island. It is also a key part of the country’s energy infrastructure.
