Major Gas Find Could End Philippines' Coal Dependence

Philippine President Ferdinand Marcos Jr. has announced the discovery of a significant natural gas field. It is the country's first major find in over ten years. The government says this new resource is critical for its energy strategy. Officials plan to use the gas to reduce reliance on coal for electricity. Coal currently powers nearly 60% of the nation's grid. Natural gas burns cleaner than coal, producing less carbon dioxide. The discovery could help the Philippines shift to more sustainable energy sources while meeting growing power demand. Further details on the field's size and commercial potential are pending. Energy authorities are now preparing for exploration and development.