Now controlled by billionaire Enrique Razon Jr., the Malampaya project is the country's first and only indigenous gas resource, supplying about 20% of Luzon's electricity, and has significantly contributed to energy independence since 2001.
“When you experience this [visit], you see the kind of investments that goes into ensuring energy security and energy reliability,” the lawmaker said. “Reliability is you will have power 24/7, security is when you have access, and that is where indigenous [gas] comes in.”
“When we have our own source, that gives us more security,” she added. “It’s very simple. If you ask me, that’s my priority: the security of our country, that we won’t be hobbled by the lack of electricity.”
To this end, Cayetano stressed the importance of long-term planning to secure energy supply for the next 15 to 20 years.
During the visit, Prime Infra president and CEO Guillaume Lucci highlighted the ongoing preparations for Malampaya's Phase 4 drilling program, set to commence in 2025, which aims to produce new gas by 2026. This initiative aligns with the Department of Energy's push to develop indigenous fuel resources.
Prime Energy managing director Donnabel Kuizon Cruz noted the engineering challenges of extending the life of the Malampaya gas field and expressed readiness to meet these demands.
The Malampaya project is the country’s first and only indigenous gas resource off the province of Palawan. It supplies about 20% of Luzon’s electricity needs and has significantly contributed to the nation's energy independence since 2001.
The project has generated over $13.5 billion for the government and supported local communities through sustainable programs.
