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    Malampaya Gas Field Offshore Philippines to be Productive for a Long Time

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Summary

Malampaya gas field offshore Philippines will remain highly productive for several more years.

by: Shardul

Posted in:

Asia/Oceania

Malampaya Gas Field Offshore Philippines to be Productive for a Long Time

Malampaya gas field offshore Philippines will remain highly productive for several more years.

However, a senior member of the House of Representatives has said that concerned agencies should plan ahead and identify possible uses for the two massive oil rigs in the West Philippine Sea once supply runs out, reported Philippines News Agency (PNA) on Saturday.

Once vacated, he said, the rigs could be converted by the Philippine Navy into an outpost.

The Malampaya gas field was discovered in 1991 and commercial production commenced in 2002. The gas from the field is used to drive three power plants with a combined 2,700 megawatts in full generating capacity. The field has proven reserves of about 3.2 trillion cubic feet, which is expected to last until 2024.