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    Somewhere, beneath the sea

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    Date
    April 11, 2021
    Author
    Cayon, Manuel T.
    Metadata
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    Classification code
    BM20210411_A1
    Excerpt
    Sulu Sea’s huge natural gas deposit has remained untapped to this day as the country is expected to see the depletion of its active and main natural gas mine in the Malampaya deep, the sea wells off Palawan, and as the South China Sea debacle has stalled future exploration and drilling for natural gas in the area. The Department of Energy’s record has indicated a deposit that could fuel the power needs of Mindanao and some parts of the country for the next 20 to 30 years, according to an applicant to drill and extract it. But until when government gives the green light is anyone’s guess while the energy sector hobbles between developing dirty coal sources as the base load and promoting renewable, but small-scale, energy sources, to hopefully tip the balance in the future in favor of the so-called clean energy.
    Citation
    Cayon, M. T. (2021, April 11). Somewhere, beneath the sea. Business Mirror, pp. A1, A2.
    URI
    http://hdl.handle.net/20.500.12174/11597
    Associated content
    Online version
    Corporate Names
    Energy World International Ltd. Energy World Corp. (EWC) Development Bank of the Philippines (DBP) Ateneo de Manila University (ADMU)
    Personal Names
    Elliott, Graham Annil, Amildasa D. Hajiri, Hadar Cusi, Alfonso
    Geographic Names
    South China Sea Lugus Island Pagbilao
    Subject
    natural gas mining drilling Governments power plants energy renewable resources
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    • BusinessMirror [487]

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