Role of the Philippine National Oil Company To Support the Natural Gas Infrastructure Development in the Philippines

Transcription

1 Role of the Philippine National Oil Company To Support the Natural Gas Infrastructure Development in the Philippines Presentation by: Carina U. Matutina 3 rd LNG Supply, Storage &Transportation Philippines Forum 2016 SMX Aura, Manila, Philippines 14 October 2016

2 PNOC - Company Background Corporate arm of the Department of Energy Created through Presiden7al Decree (PD) 334 on November 9, 1973 as a government-owned and controlled corpora7on Ini7al purpose is to address na7onal energy security and sustainability concerns in response to the energy-supply crisis of the 1970s. Scope of opera7on was later expanded by PD 927 to include promo7ng the explora7on and development of oil and other indigenous energy resources. Created a number of subsidiaries in energy development 2

3 OUR VISION PNOC by 2030: to have provided vital energy infrastructure, conducive to a balanced and sustainable growth of the economy OUR MISSION Through the efforts and ini7a7ve of a dedicated and competent workforce, PNOC is commiped to: 1. Develop and implement a gas distribu7on system in the country (Sec 3 PD 334, as amended) 2. Establish the country s strategic petroleum reserve OUR CORE VALUES Integrity (Mapagkakatiwalaan): Honest and transparent in dealing with stakeholders Professional Excellence (May mataas na kakayahan): Always seeking continuous improvement; aspiring for high work standards and achievements Accountable and results oriented (May panananagutan) Assuming responsibility for all actions Teamwork (May pagkakaisa) United in purpose Service (Mapaglingkod): Puts the interest of the Filipino people above self Social Soial Social Impact Impact Stakeholders Finance Internal Process Learning & Growth Topnotch National Energy Company Good Governance Provided vital energy infrastructure for the development of the energy industry Ensure sound financial condition Ensure the optimal use of assets Operated in an environment of fairness and transparency in our dealing with stakeholders Build operating Develop full employee potential company capabilities Develop professional culture and better employee morale

4 Overview of the Philippine Natural Gas Industry Shell Refinery, Tabangao, Batangas 500 MW San Lorenzo First Gen/ IPP Onshore Gas Plant 1,000 MW Sta. Rita First Gen/ IPP Malampaya Gas Field Northwest Palawan 2.7 TCF (2001) 1,200 MW Ilijan Power Plant NPC IPP (KEPCO) Libertad Gas Field Bogo, Cebu 0.6 BCF (2012) 1.0 MW DESCO (Mine mouth Power Plant), Bogo Cebu CNG Pinoy Buses (2008) Source: Department of Energy 4

5 Current domestic gas resource nearing depletion start the development of LNG infrastructure

6 PNOC IniAaAves Batangas-to-Manila Natural Gas Pipeline Project (BatMan1) BatMan1 is a natural gas infrastructure project to be implemented by PNOC covering about 122 kilometers of pipeline from Batangas to Metro Manila. This will be used to distribute natural gas to targeted markets located in the high-growth and fast developing areas of Batangas, Laguna, Cavite and Metro Manila. Alignment with policies, policy iniaaaves and plans: Philippine Development Plan Energy Reform Agenda Philippine Energy Plan 6

7 Project RaAonale Project benefits include: Enhance energy security Reliable access to safer yet economical alterna7ve energy sources Increase natural gas supply to boost industrial development The spur lines will start from the Governor Sta5ons (GS) and connect to three industrial parks: GS1 to Lima Technology Center GS2 to First Philippine Industrial Park GS3 to Laguna Industrial Area 7

8 LNG Terminal Projects in Luzon AG&P ENERGY CITY PROJECT ( ) SHELL FSRU TERMINAL PROJECT (2017) FIRST GAS LNG TERMINAL PROJECT (2019/2022) BATCAVE (Batangas Cavite) 40 kms (2020) EWC LNG TERMINAL PROJECT ( ) BATMAN 1 (Batangas Manila) kms. (2013)

9 LNG Infrastructure Value Chain From LNG Regasification Terminal Distribution End Users 9

10 Create value through partnership and strategic alliances: - private sector - bilateral/mulalateral - industry experts - other stakeholders 10

11 OUR VISION PNOC by 2030: to have provided vital energy infrastructure, conducive to a balanced and sustainable growth of the economy OUR MISSION Through the efforts and ini7a7ve of a dedicated and competent workforce, PNOC is commiped to: 1. Develop and implement a gas distribu7on system in the country (Sec 3 PD 334, as amended) 2. Establish the country s strategic petroleum reserve OUR CORE VALUES Integrity (Mapagkakatiwalaan): Honest and transparent in dealing with stakeholders Professional Excellence (May mataas na kakayahan): Always seeking continuous improvement; aspiring for high work standards and achievements Accountable and results oriented (May panananagutan) Assuming responsibility for all actions Teamwork (May pagkakaisa) United in purpose Service (Mapaglingkod): Puts the interest of the Filipino people above self Social Soial Social Impact Impact Stakeholders Finance Internal Process Learning & Growth Topnotch National Energy Company Good Governance Provided vital energy infrastructure for the development of the energy industry Ensure sound financial condition Ensure the optimal use of assets Operated in an environment of fairness and transparency in our dealing with stakeholders Build operating Develop full employee potential company capabilities Develop professional culture and better employee morale

12 End of PresentaAon 12