News

(L-R) Prime Energy Maintenance Team Leader Alfred Alcantara, Operations Team Leader Christopher Cortez, Head of Operations Dingdong Altarejos, Head of Engineering and Proejcts Jason Cruz, Head of Commercial Charisse Choa; LNGPH COO Dominador Camu; AboitizPower President and CEO Danel Aboitiz; and Prime Energy President and CEO Donnabel Kuizon Cruz, Offshore Istallation Manager Arman Malaluan and Mechanical Team Lead Glenn Pamplona. 

Prime Energy Resources Development B.V. (Prime Energy) welcomed top executives from Chromite Gas Holdings, Inc. (CGHI) to the Shallow Water Platform (SWP) of Malampaya, the country’s lone indigenous gas field, as the company reinforces the country’s energy transition. 

Donnabel Kuizon Cruz, president and chief executive officer (CEO) of Malampaya operator Prime Energy, hosted CGHI’s leadership team, led by Danel Aboitiz, President and CEO of Aboitiz Power Corporation (AboitizPower) and Dominador Camu, COO of LNGPH at the SWP on September 5. 

During the visit, the top executives exchanged best practices in safety, reliability, and operational excellence. The visit facilitated dialogue among industry leaders, advancing collective efforts towards a more resilient and sustainable energy future. 

CGHI is the joint venture formed by Meralco PowerGen Corporation (MGen) – a subsidiary of Manila Electric Company, and Therma NatGas Power Inc. (TNGP) – a subsidiary of AboitizPower. 

Prime Energy, a wholly owned subsidiary of Prime Infra, operates Malampaya together with its SC 38 Consortium partners Prime Oil & Gas, Inc., UC38 LLC, and state-owned PNOC Exploration Corporation. 

The Malampaya Deep Water Gas-to-Power Project supplies about 20% of the country’s total electricity requirements. 

The SC 38 Consortium is investing USD 893 million in the ongoing Malampaya Phase 4 (MP4) drilling campaign, the largest upstream investment in the Philippines in over a decade, to bolster the country’s indigenous energy supply, with first gas targeted by 2026. 

The investment is aligned with the national policy direction under Republic Act (RA) 12120 or the Philippine Natural Gas Industry Development Act that directed the exploration, development, and utilization of domestic gas resources to lessen the dependence on volatile global markets and ensure stable energy supply. 

The prioritization was further institutionalized after the Department of Energy issued a circular formalizing the gas policy, mandating all natural gas users to prioritize available indigenous sources before imports.