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The Philippines announces a significant natural gas discovery near the Malampaya offshore field

January 19, 2026AL24 | الاقتصادal24news.dzTranslated from Arabic
AL24 | الاقتصاد

Philippine President Ferdinand Marcos Jr. announced on Monday the discovery of a new natural gas well near the existing Malampaya gas field in the disputed waters off the South China Sea, which could provide protection for the country from a potential energy crisis. Marcos stated on Monday that the discovery of the gas reservoir located off the northwest coast of Palawan province is 'significant' and could provide...

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