Oil Market and Natural Gas Forum and Business Dialogue

[MikeLigalig.com]

2017
DOE OPENS ASEAN+3 ENERGY FORUM, BARES PH LNG PLAN

The Philippines played host to the 3-day 6th ASEAN+3 (China, Japan, Korea) Oil Market and Natural Gas Forum and Business Dialogue on Tuesday at the Sofitel Hotel  as the country deals with increasing domestic demand for fuel amid the declining supply of indigenous natural gas.

Department of Energy (DOE) Undersecretary Jesus Cristino P. Posadas, who represented DOE Secretary Alfonso G. Cusi, opened the forum conducted under the platform of Senior Officials Meeting on Energy (SOME) +3 and ASEAN Ministers on Energy Meeting (AMEM)+3. The forum aims to continue sharing knowledge and expertise, policy updates, best practices on oil and natural gas situation and developments among ASEAN+3 member countries.

Explaining the outlook of the Philippines in the oil and natural gas industries, Posadas told forum participants that the Philippines' natural gas supply from the Malampaya natural gas field is projected to last until 2024, making the country an emerging liquefied natural gas (LNG) market in Asia.(PIA)


*Work from HOME and launch your own Wordpress blog, business or personal website, or online store at www.dreamhost.com Yes, FREE Wordpress migration from your existing web host.

START your OWN blog site, business or personal website, or e-commerce store at www.bluehost.com - FREE website transfer..

Latest Tubag Bohol Topics



Linkback: https://tubagbohol.mikeligalig.com/index.php?topic=120861.0