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Philippines urged to rethink reliance on liquefied natural gas as power costs rise
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Philippines urged to rethink reliance on liquefied natural gas as power costs rise
ALBAY — The Institute for Climate and Sustainable Cities (ICSC) has urged more careful planning in the country’s power procurement, warning that dependence on imported liquefied natural gas (LNG) is driving up electricity costs for households and businesses. Meralco’s temporary supply extension with First Gen’s Sta. Rita plant now runs until June 2026, with Sta. Rita, Ilijan, and Excellent Energy Resources providing most of its gas. ICSC’s analy…
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