The long wait for the Papua New Guinea liquefied natural gas (LNG) project is now over, and the energy sector is transforming from a major investment vehicle into a primary revenue generator for the economy. In fact, the project is expected to have so much of an impact during its first full year of LNG exports that PNG was projected to lead all Asian economies in GDP growth in 2015, at nearly...
Asia Energy
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Articles & Analysis | Watts next?: With oil production set to remain flat, a shift to new sources is seen as necessary to reduce dependence on foreign imports from The Report: The Philippines 2015
Strong economic growth and a rise in energy demand have exerted pressure on the Philippines’ energy sector in recent years. With large, easily accessible oil and gas discoveries long since picked over, a continued decline in petroleum production has encouraged a heavy reliance on imports. The substantial reserves in the Malampaya gas fields have...
Interviews & Viewpoints | Fuelling growth: OBG talks to Edgar O Chua, Country Chairman, Shell Companies in the Philippines from The Report: The Philippines 2015
How will a liquefied natural gas (LNG) import terminal help the Philippines meet its energy security goals and develop the local natural gas industry?
Interviews & Viewpoints | In a sustainable fashion: OBG talks to Francis Giles B Puno, President and COO, First Gen Corporation from The Report: The Philippines 2015
To what extent will the award of the feed-in-tariff (FIT) encourage investment in renewable energy?
Articles & Analysis | Opening up: Renewable energy has enjoyed its most productive year to date from The Report: The Philippines 2015
Forces coalesced in 2014 to grant the Philippines’ renewable energy industry its most productive year to date. Spurred on by mounting concerns over the looming energy shortfall, the Energy Regulatory Commission (ERC) has opened the sector to investment by boosting the renewable capacity approved for the renewable energy incentive scheme ten-fold in...
Articles & Analysis | Power outage: Generation capacity has not kept pace with economic growth, leading to potential shortfalls from The Report: The Philippines 2015
As the economy has continued its robust growth over the past decade, and spending among the expanding middle class has increased, demand for electricity has risen accordingly. However, while sales have gone up by an annual average of 3.89% from 2001-13, according to the Department of Energy (DoE), power generation capacity growth has lagged far...