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'Public, private alliance to boost LNG development'
June 19, 2024
|The Philippine Star
Partnerships between the public and private sectors are needed to ensure energy security, particularly in the development of liquified natural gas (LNG), a Cabinet official said.
“The journey toward energy security and sustainability must be a collaborative effort,” Energy Secretary Raphael Lotilla said at a forum organized by Stratbase ADR Institute and Citizen Watch Philippines yesterday.
The Department of Energy (DOE) is crafting a natural gas development plan to offer guidance, a detailed policy framework, legal requirements and incentives for putting up LNG infrastructure projects.
Lotilla said fossil fuels currently account for about 66 percent of the country’s total primary energy supply, and the remaining consists of renewable energy sources.
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