PNOC-EC eyes production from area near Malampaya by 2026

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MANILA - The Philippine National Oil Company - Exploration Corp said Tuesday it could start drilling in an area near Malampaya next year after President Rodrigo Duterte lifted the moratorium on oil ex

ploration in the West Philippine Sea.

The terms of reference for the SC 57 is currently being validated by the Department of Energy and will also invite other proponents to join the project. The said SC 57, estimated to be 1.8 trillion cubic feet, has so much "potential" since it is located near the Malampaya project.

 

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Kala mo talaga PNOC-EC ang gagawa / magd-drill Ng production area. More accurately, PNOC eyes to sell production rights (to China, Chinese Pinoys) in areas near Malampaya (far from Chinese ‘fishing’ vessels). 🤭

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