The Philippine National Oil Company-Exploration Corporation (PNOC-EC) has discovered the country’s next major commercial natural gas supply at its Mangosteen project in Santiago City in Isabela on Monday.
The Mangosteen flared up which indicates a successful gas find at around 11:45 PM on Monday, June 29 2015, said PNOC-EC chairman and former Manila mayor Gemiliano Lopez Jr.
“The good Lord has answered our prayers,†Lopez said, as quoted by Inquirer.net.
The PNOC noted that they have already prepared a report about the good news and promptly relayed it to President Benigno Simeon Aquino III.
“By the grace of God, we found natural gas within the President’s term, one that would complement the production of the Malampaya offshore project in Palawan and allow us to supply additional cheap and clean energy to our people,†he added.
Based upon the PNOC-EC records the Mangosteen field-located 8 kilometers south of Santiago, Isabela-had a recoverable resources potential of 71-billion cubic feet of natural gas reserves that could contribute to 60 megawatts to the Luzon power grid for more than 15 years.
http://tankler.com/ph-govt-discovered-huge-natural-gas-field-in-isabela/