Market Research Report
Philippines Oil & Gas Q2 2019
|Published by||Fitch Solutions, Inc.||Product code||177753|
|Published||Content info||88 Pages
Delivery time: 1-2 business days
|Philippines Oil & Gas Q2 2019|
|Published: February 5, 2019||Content info: 88 Pages||
The Philippines's upstream fortunes remained tied to rapidly declining output from the mature Malampaya deepwater gas-to-power project, although with efforts to boost exploration and strengthen incentives for foreign investors are expected to take time, this will inevitably deepen the country's dependence on imports in order to fill the growing domestic energy gap. The successful commissioning of its first LNG import project in 2019 will be crucial for the government's future LNG-to-power growth plans.