Cayetano eyes full development of domestic natural gas industry

  • 📰 MlaStandard
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 55%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Defining the News

SENATOR Pia Cayetano bats for the passage of a bill seeking the full development of the country’s natural gas industry.

In a sponsorship speech on Tuesday, Cayetano urged her colleagues to act swiftly on Senate Bill No. 2793, or the proposed Philippine Natural Gas Development Act.Cayetano also said the bill seeks to revitalize indigenous gas exploration and develop natural gas infrastructure. She stressed that the proposed law would also boost investor confidence in the Philippine economy as it would spur government commitment to industries that require heavy investments, like natural gas.

“Malampaya was supposed to be the first of many producing gas fields in the Philippines, but it turned out to be the only one. It has grown old, and may become depleted as early as 2027. This poses a dilemma. To support the DOE’s long-term energy plan, the country needs more Malampayas; we barely have one left,” Cayetano said.

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 20. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Aleph Group acquires MediaDonuts, expands digital advertising businessDefining the News
ソース: MlaStandard - 🏆 20. / 55 続きを読む »