The estimated capacity of the receiving facilities required for the transition is 24.6 million tons per annum of liquefied natural gas by 2040, the DoE said. The capacity requirement is only 15.6 MTPA under a scenario of greater adoption of clean energy.
“Reductions in production levels are anticipated starting in 2022, with the Malampaya concession expiring by 2024.
The NGDP is a US-funded gas policy development plan guiding the DoE in drafting policy recommendations to promote clean energy. The DoE also said that the NGDP also contains proposed regulatory processes, including the recommendations to government agencies and local government units .fi
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