PRIME Energy Resources Development said that indigenous gas development must remain an integral part of the Philippine energy policy to attain national energy security.Donnabel Kuizon Cruz, Prime Energy managing director and general manager, stressed the importance of 'synergy' of imported LNG and indigenous gas to create power supply reliability and affordability during a panel discussion on 'Fostering Growth in the Natural Gas Sector.
Cruz said that indigenous gas helps stabilize electricity prices, as witnessed during times of international conflict, like the war between Russia and Ukraine, which triggered upward spikes in LNG prices.'Had there not been Malampaya gas during that time, Filipinos would have paid, on average, P25 per kilowatt hour in fuel costs for using LNG, compared to only P6 per kilowatt hour for using Malampaya,' she said.'By using LNG, we became more vulnerable to market shocks.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
La source: gmanews - 🏆 11. / 68 Lire la suite »
La source: MlaStandard - 🏆 20. / 55 Lire la suite »
La source: gmanews - 🏆 11. / 68 Lire la suite »
La source: TheManilaTimes - 🏆 2. / 92 Lire la suite »
La source: TheManilaTimes - 🏆 2. / 92 Lire la suite »
NexGen Energy IPO approved by the SECNexGen Energy [XGEN] [link] had its P500 million IPO registration approved by the SEC. XGEN is a subsidiary of Pure Energy Holdings Corp (PEHC), the energy generation holding company owned by Dexter Tiu that is also the parent company of Repower Energy Development Corp [REDC 5.40 ?3.9%.
La source: PhilstarNews - 🏆 1. / 94 Lire la suite »