MANILA, Philippines  – President Ferdinand R. Marcos Jr. on Monday announced a major natural gas discovery near the Malampaya field, calling it the country’s first significant find in more than a decade and a critical boost to the Philippines’ energy security. In a video message shared on social media, Marcos said the newly discovered reservoir, Malampaya East One (MAE-1), is located about five kilometers east of the existing Malampaya field and is estimated to hold around 98 billion cubic feet of gas in place. Marcos said the gas volume is equivalent to 14 billion kilowatt-hour of electricity per year, enough […]... Keep on reading: Major Malampaya gas find announced by Marcos