Touted as the ‘fuel of the future’, natural gas is overtaking oil and coal as the most in demand energy resource all over the globe. At current consumption rates, this clean-burning and efficient hydrocarbon can power the entire world for the next 250 years.
Asia is becoming the fastest growing natural gas consumer in the world. And the Philippines, one of the region’s youngest explorers.
For the past 13 years, the archipelago of more than 7,000 islands has turned to the Malampaya natural gas platform to provide 30% of its power needs. But the production levels of Malampaya’s gas reserves are slowly declining. Measures need to be in place by 2015, to avert a crisis.
To sustain the threatened gas supplies Shell Philippines Exploration is carrying out a one-billion dollar project– constructing the first oil and gas platform in the Philippines, using 12,000 metric tonnes of steel, 1,500 workers and a 1,500 tonne crane, the largest in Southeast Asia.
It’s an engineering feat, the likes of which the country has never seen before.