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00:59It gives me great pride to be part of and to stand with you, to be part of this ceremony
01:10and to stand with you as we mark the first delivery of natural gas from these newly developed drills and
01:17wells.
01:17From offshore Palawan, this indigenous natural gas will flow through the malampaya gas transmission infrastructure to Batangas and ultimately to
01:28the gas-fired power plants serving the Luzon grid.
01:33Anong ibig sabihin ito para sa bawat pamilyang Pilipino?
01:37Sariling gas, mas maaasahang kuryente, mas matatag na enerhiya para sa ating bansa.
01:44Maximizing the use of malampaya gas could contribute to more competitive power rates because we are relying less on important
01:52energy sources that are subject to volatile international energy prices.
01:59Binigyang diin ng Pangulo na dahil sa malampaya ay mababawasan ng pagdepende ng bansa sa imported energy sources na karaniwan
02:06ay walang kasiguraduhan ng katatagan ng presyo sa pandaigdigang merkado.
02:10Kaya sabi niya, malaki ang maitutulong ng Malampaya Phase 4 Project kung pag-uusapan ay energy independence, lalo't lumalaki ang
02:17demand sa enerhiya ng bansa kasabay ng pagpalo ng ekonomiya.
02:20We cannot fully rely on other countries to provide these resources all of the time.
02:26Last year, more than half of our energy supply came from abroad.
02:30Thus, our energy sector is very susceptible to geopolitical tensions, supply disruptions, and price fluctuations.
02:39And that is why we need to explore and develop more local energy resources, especially renewable energy sources.
02:48The Malampaya Deepwater Gas to Power Project stands as proof of what we and our country can do and what
02:56we can achieve when we, the government, the private sector, and our Filipino talents work together hand-in-hand.
03:04Hindi mas maalwan po sa pagbabayad ng kuryente para makabili ng ibang kailangan sa bahay.
03:12Patuloy din ang mga hakbang ng pamahalaan para magsulong ng mas maraming posibilidad ng energy exploration at production.
03:18Katunayan, nakapag-award na ang gobyerno ng nasa labing apat na panibagong petroleum service contracts.
03:25Sakop ang oil, natural gas, at native hydrogen exploration.
03:29We are also implementing the Philippine Graduometry and Seismic Survey Project, which will help us identify promising exploration opportunities.
03:40We have likewise strengthened the use of our own natural gas resources by giving priority to the procurement and utilization
03:48of indigenous natural gas over imported natural gas by gas-fired power plants through the passage of the Philippine Natural
03:58Gas Industry Development Act.
04:00Taken together, these measures optimize our resources, encourage responsible investments, and ensure that the benefits of our pursuits serve the
04:12national interest.
04:14Kinilala naman ang Pangulo ang ambag ng Malampaya Konsorsyum at ang husay, sipag at dedikasyon ng mga nasa likod ng
04:20proyekto.
04:22Natapos ang Malampaya Phase 4 Project ng limang buwang mas maaga kumpara sa target date of completion nito.
04:27At ayon kay Pangulong Marcos Jr., bukod sa matatag na supply ng kuryente, magdadala rin ito ng oportunidad at mas
04:34maraming trabaho sa mga Pilipino.
04:37Mula rito sa Batangas City, Kenneth Pasiente para sa Bayan.