Malampaya Gas Royalties Can Boost Philippine Energy Security

‘Malampaya royalties can boost energy security’

Gas royalties of the national government from the Malampaya Deep Water Gas-to-Power Project can help augment and utilize the state-owned Philippine National Oil Co. (PNOC) and develop “new critical coastal petroleum storage facilities” to boost the country’s oil buffer stocks, according to a congressman.

By Delon Porcalla