Economics professor proposes broader access to indigenous gas, aligning with Philippine Senate's NatGas bill, to enhance competition and energy security.
Economics professor Leonardo A. Lanzona suggests broader access to explore indigenous gas for energy companies to enhance competition and efficiency. The Philippine Senate is pushing for the passage of the NatGas bill, which aims to promote exploration and utilization of natural gas resources, supporting energy security and reducing dependency on international energy factors. The Malampaya field, the country's only indigenous natural gas provider, supplies about 20% of Luzon's electricity needs.
July 21, 2024
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