Prime Infra has discovered a new gas field, helping ease upward pressure on electricity prices caused by the country’s growing reliance on imported natural gas. (Photo: Prime Infra)
The Philippines has identified its first new natural gas field in more than a decade, a development that could provide a transitional energy buffer for the country’s low-carbon shift. The project is being spearheaded by Prime Infra Group, one of the Philippines’ leading energy conglomerates.
Beyond its investment in natural gas, Prime Infra is also ramping up its hydropower portfolio. Combined spending in the two sectors is expected to reach nearly USD 9 billion. The group is also expanding into power infrastructure, waste-to-energy, and biofuels, reinforcing its position as a major player in the country’s energy landscape.
