MANILA: Philippine President Ferdinand Marcos Jr. announced the discovery of a new natural gas deposit near an existing gas field in waters facing the disputed South China Sea, which could shield his country from a potential power crisis.
The discovery of the gas reservoir northwest off Palawan province was “significant” and could eventually supply power to more than 5.7 million households annually, Marcos said Monday.
The undersea reservoir is estimated to contain about 98 billion cubic feet (2.7 billion cubic meters) of gas. Initial tests showed 60 million cubic feet (1.6 million cubic meters) of gas could be extracted each day from the well, Marcos said without providing other details including when commercial production could start.
“This helps Malampaya’s contribution and strengthens our domestic gas supply for many years to come,” Marcos said. “Aside from the natural gas, the discovery also includes condensate, which is a high-value liquid fuel.”
The new gas deposit, called Malampaya East 1, was discovered by a Philippine consortium about 5 kilometers (3.1 miles) east of the main Malampaya gas field, where commercial gas production started more than two decades ago and was projected to considerably decline in a few years.
The Malampaya gas to power facility has generated more than 20 percent of the electricity to Luzon, the most populous northern Philippine island region. In 2023, Marcos extended an exploration contract in Malampaya by 15 years.
Experts have predicted Malampaya could run out of gas in a few years, which has sparked fears of a potential power crisis in Luzon, where the bustling capital and main financial and business district is located.
The offshore gas field lies within the country’s Exclusive Economic Zone of the Philippines, a 200-nautical-mile (370-kilometer) stretch of water from a country’s coastline where it has exclusive rights to explore and harness resources under the 1982 United Nations Convention on the Law of the Sea.
Philippine efforts to explore for oil and gas in another offshore region, the Reed Bank, has been stalled for years because of opposition from Beijing, which claims sovereignty over the area along with most of the South China Sea. The Reed Bank also lies in the fringes of the South China Sea west of the Philippine island province of Palawan.
Vietnam’s oil and gas exploration in the disputed region also has been opposed by China. Beijing claims virtually the entire South China Sea and has reinforced its presence including coast guard and naval patrols in the disputed waterway in recent years.
Malaysia, Brunei and Taiwan also have been involved in the region’s long-simmering territorial standoffs.
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Philippine president announces new gas find in waters facing the disputed South China Sea
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Philippine president announces new gas find in waters facing the disputed South China Sea
- The discovery of the gas reservoir northwest off Palawan province was “significant” and could eventually supply power to more than 5.7 million households annually
Peru Congress to debate impeachment of interim president
LIMA: Peru’s Congress is set to consider Tuesday whether to impeach interim president Jose Jeri, the country’s seventh head of state in 10 years, accused of the irregular hiring of several women in his government.
A motion to oust Jeri, 39, received the backing of dozens of lawmakers on claims of influence peddling, the latest of a series of impeachment bids against him.
The session, set for 10:00 am local time (1500 GMT), is expected to last several hours.
Jeri, in office since October, took over from unpopular leader Dina Boluarte who was ousted by lawmakers amid protests against corruption and a wave of violence linked to organized crime.
Prosecutors said Friday they were opening an investigation into “whether the head of state exercised undue influence” in the government appointments of nine women on his watch.
On Sunday, Jeri told Peruvian TV: “I have not committed any crime.”
Jeri, a onetime leader of Congress himself, was appointed to serve out the remainder of Boluarte’s term, which runs until July, when a new president will take over following elections on April 12.
He is constitutionally barred from seeking election in April.
The alleged improper appointments were revealed by investigative TV program Cuarto Poder, which said five women were given jobs in the president’s office and the environment ministry after visiting with Jeri.
Prosecutors spoke of a total of nine women.
Jeri is also under investigation for alleged “illegal sponsorship of interests” following a secret meeting with a Chinese businessman with commercial ties with the government.
- Institutional crisis -
The speed with which the censure process is being handled has been attributed by some political observers as linked to the upcoming presidential election, which has over 30 candidates tossing their hat into the ring, a record.
The candidate from the right-wing Popular Renewal party, Rafael Lopez Aliaga, who currently leads in polls, has been among the most vocal for Jeri’s ouster.
If successfully impeached, Jeri would cease to exercise his functions and be replaced by the head of parliament as interim president.
But first a new parliamentary president would have to be elected, as the incumbent is acting in an interim capacity.
“It will be difficult to find a replacement with political legitimacy in the current Congress, with evidence of mediocrity and strong suspicion of widespread corruption,” political analyst Augusto Alvarez told AFP.
Peru is experiencing a prolonged political crisis, which has seen it burn through six presidents since 2016, several of them impeached or under investigation for wrongdoing.
It is also gripped by a wave of extortion that has claimed dozens of lives, particularly of bus drivers — some shot at the wheel if their companies refuse to pay protection money.
In two years, the number of extortion cases reported in Peru jumped more than tenfold — from 2,396 to over 25,000 in 2025.
A motion to oust Jeri, 39, received the backing of dozens of lawmakers on claims of influence peddling, the latest of a series of impeachment bids against him.
The session, set for 10:00 am local time (1500 GMT), is expected to last several hours.
Jeri, in office since October, took over from unpopular leader Dina Boluarte who was ousted by lawmakers amid protests against corruption and a wave of violence linked to organized crime.
Prosecutors said Friday they were opening an investigation into “whether the head of state exercised undue influence” in the government appointments of nine women on his watch.
On Sunday, Jeri told Peruvian TV: “I have not committed any crime.”
Jeri, a onetime leader of Congress himself, was appointed to serve out the remainder of Boluarte’s term, which runs until July, when a new president will take over following elections on April 12.
He is constitutionally barred from seeking election in April.
The alleged improper appointments were revealed by investigative TV program Cuarto Poder, which said five women were given jobs in the president’s office and the environment ministry after visiting with Jeri.
Prosecutors spoke of a total of nine women.
Jeri is also under investigation for alleged “illegal sponsorship of interests” following a secret meeting with a Chinese businessman with commercial ties with the government.
- Institutional crisis -
The speed with which the censure process is being handled has been attributed by some political observers as linked to the upcoming presidential election, which has over 30 candidates tossing their hat into the ring, a record.
The candidate from the right-wing Popular Renewal party, Rafael Lopez Aliaga, who currently leads in polls, has been among the most vocal for Jeri’s ouster.
If successfully impeached, Jeri would cease to exercise his functions and be replaced by the head of parliament as interim president.
But first a new parliamentary president would have to be elected, as the incumbent is acting in an interim capacity.
“It will be difficult to find a replacement with political legitimacy in the current Congress, with evidence of mediocrity and strong suspicion of widespread corruption,” political analyst Augusto Alvarez told AFP.
Peru is experiencing a prolonged political crisis, which has seen it burn through six presidents since 2016, several of them impeached or under investigation for wrongdoing.
It is also gripped by a wave of extortion that has claimed dozens of lives, particularly of bus drivers — some shot at the wheel if their companies refuse to pay protection money.
In two years, the number of extortion cases reported in Peru jumped more than tenfold — from 2,396 to over 25,000 in 2025.
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