August 15, 2016
THE country’s
natural-gas output as of early August amounted to 73,665 million standard cubic
feet (MMcf), with most of it used to boost the country’s power generation.
Latest data from the
Department of Energy (DOE) showed that 68,91 MMcf of the country’s gas
production went to power-generation use, while the industrial sector took up
1,623 cubic feet.
Meanwhile, the
transport industry recorded zero consumption.
The figures are from
January to August 9 this year. In all, natural-gas consumption during the
period stood at 70,534 MMcf.
Natural-gas output
peaked in 2011 at 140,368 MMcf. Total consumption stood at 137,066 MMcf. Of
which, the power generation’s share in the output for that year stood 133,732
MMcf; industrial at 3,288 MMcf; and transport at 47 MMcf.
From 1994 up to August
9, 2016, the same data showed that output reached 1,736,700 billion cubic feet
(Bcf), while consumption stood at 1,637,230 Bcf.
During the said period,
natural-gas consumption for power generation totaled 1,642,176 Bcf; 30,516 MMcf
for industrial sector; and 184 MMcf for the transport sector.
DOE officials said the
country’s natural gas is being consumed domestically. It relies on the
Malampaya deep-water gas field to fuel 30 percent of the country’s power
requirements.
The Malampaya
natural-gas facility supplies gas to three power plants with a total capacity
of 2,700 megawatts (MW), providing about half of Luzon’s power needs.
These power plants are
the 1,000-MW Santa Rita; the 500-MW San Lorenzo; and the 1,200-MW Ilijan.
However, natural gas
from the Malampaya gas field is expected to last by 2029 to 2030, more than
five years than its earlier projected depletion date of 2024.
The Malampaya gas field
has proven reserves of 2.7 trillion cubic feet (TCF) to 3.2 TCF, of which more
than 1 TCF has already been consumed.
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