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Addressing our country's energy security: “With more than half of our energy requirements being imported, we are clearly vulnerable to geopolitical conflicts," the Senator said, stressing the need to address our country’s energy security. To illustrate this vulnerability, Sen. Cayetano highlighted records showing the volatility of imported natural gas, noting its price fluctuations over the past 14 years, which surged significantly during the Ukraine war. The Senator also thanked the President for signing the landmark bill into law: "This is a significant step toward energy security. By enacting the Natural Gas Industry Development Act, we move closer to our vision of a more energy-secure Philippines that harnesses its own natural resources for the benefit of the Filipino people." (Office of Senator Pia S. Cayetano / Jansen Romero) |
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