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The chairperson of the Senate committee on energy expressed confidence in the success of efforts set next year to drill new gas wells that would prolong the life of the Malampaya gas project off Palawan province.
Senator Joel Villanueva asked Cayetano during interpellation on Wednesday about the development timelines of these exploration projects and whether it would help address the country’s demands for energy. Senate Bill 2793, if enacted into law, will ensure that indigenous natural gas will be prioritized over imported and conventional fuels for power generation.
“When we support this natural gas bill, this will ensure that we now have a steady supply that comes from our own country, so we will not be vulnerable by what is happening in other countries,” Cayetano said, referring to international conflicts like Russia’s invasion of Ukraine that impact the supply and prices of liquefied natural gas .
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