By: Elena Grace Flores
Emerge Philippines
[VIDEO]: Is Liguasan Marsh the next Dubai?
Gas and Oil Exploration
SK Liguasan Oil and Gas Corporation already had a service contract from the government since the Duterte administration. However, it can only start during the new Marcos regime for some reasons. SKLOGC is a Mindanao-based Exploration Company. It aspires to extract the natural energy deposits in the provinces of Sultan Kudarat, Maguindanao, and Liguasan Marsh.
No China-PI Joint Exploration
Contrary to some news, the bulk of the natural gas and oil reserves are in Mindanao. Not in the South China Sea. Outgoing DFA Secretary reveals that the joint exploration discussions between the Philippines and China have been “terminated completely.” This is upon the instruction of President Rodrigo Duterte.
Accidental Discovery
The fishpond workers on Lake Buluan were looking for fresh drinking water. But they found a source of methane gas instead. From then on, natural fuel is used by the people living nearby for their daily living like cooking and other activities.
