Philippines Announces First Major Natural Gas Discovery in More Than a Decade
President Ferdinand Marcos Jr announced a gas discovery at the MAE-1 well. This find extends the Malampaya field's life beyond its 2027 depletion projection.
Insights:
President Ferdinand Marcos Jr ferdinand marcos jr announced on January 19, 2026, that the Philippines has discovered natural gas and condensate at the Malampaya East One (MAE-1) well. This represents the first major domestic find in over a decade for the nation of 110 million people. Located approximately 5 kilometers east of the existing Malampaya gas-to-power project off Palawan island, the discovery is expected to bolster the energy security of PH 
PH. The Malampaya gas-to-power project serves as the only indigenous source of Natural Gas in the country.
PH. The Malampaya gas-to-power project serves as the only indigenous source of Natural Gas in the country.
