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Cayetano pushes for Gas Industry Development Act

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Cayetano News

Pushes,For,Gas

THE new chairperson of the Senate Committee on Energy, Sen. Pia Cayetano, saw up close the Philippines' brightest jewel — the Malampaya offshore gas platform now being operated by the SC 38 Consortium led by tycoon Enrique Razon's Prime Infrastructure Capital.

THE new chairperson of the Senate Committee on Energy, Sen. Pia Cayetano, saw up close the Philippines' brightest jewel — the Malampaya offshore gas platform now being operated by the SC 38 Consortium led by tycoon Enrique Razon's Prime Infrastructure Capital.Natural gas, in fact, is starting to make its impact felt in a big way among the Philippines' Southeast Asian neighbors.

Experts at the Department of Energy see the answer in liquefied natural gas, a cleaner alternative to a predominantly coal-driven energy sector.SB 2247 seeks to make indigenous, or local, natural gas supply a priority in use for power generationIt seeks to fill gaps in the further development of Philippine natural gas resources, which we already have as evidenced by the Malampaya field.

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