Bill Type
Full Title of Bill
AN ACT DEVELOPING THE PHILIPPINES' NATURAL GAS INDUSTRY, AND APPROPRIATING FUNDS FOR THIS PURPOSE
Date filed
June 30, 2022
Date Read
July 26, 2022
Bill Status
Substituted by HB08456
Mother Bill Status
Approved by the House on 2023-08-02, transmitted to the Senate on 2023-08-03 and received by the Senate on 2023-08-03

Committee Details

Primary Committee

Legislative History

House Bill/Resolution NO. HB00173
FULL TITLE : AN ACT DEVELOPING THE PHILIPPINES’ NATURAL GAS INDUSTRY, AND APPROPRIATING FUNDS FOR THIS PURPOSE
ABSTRACT : Defines several terms among others including Downstream Natural Gas Industry which refers to the business of importing exporting, re-exporting, shipping, transporting, processing, refining, storing, distributing, marketing, and/or selling natural gas.Takes into account the nearing expiration of the Malampaya concessions by 2024 wherein we still do not have any alternative either in imported or indigenous sources; that the supply can go as far as 2027 but it does not have enough gas to further expansion to provide the future natural gas requirements, particularly on the plan to expand the application of natural gas in industrial, commercial, residential, and transport sectors.
ALIAS NAME : “Development of the Downstream Natural Gas Act”
PRINCIPAL AUTHOR/S : TANCHAY, CAROLINE L., MARCOLETA, RODANTE D.
DATE FILED : 2022-06-30
SIGNIFICANCE: NATIONAL
CO-AUTHORS (Journal Entries) :
1. Sakaluran (000 2022-08-19) 2. Rivera (000 2022-09-08)
ACTIONS TAKEN BY THE COMMITTEE
MOTHER BILL: HB08456
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON ENERGY ON 2022-07-26

Abstract

ABSTRACT : Defines several terms among others including Downstream Natural Gas Industry which refers to the business of importing exporting, re-exporting, shipping, transporting, processing, refining, storing, distributing, marketing, and/or selling natural gas.Takes into account the nearing expiration of the Malampaya concessions by 2024 wherein we still do not have any alternative either in imported or indigenous sources; that the supply can go as far as 2027 but it does not have enough gas to further expansion to provide the future natural gas requirements, particularly on the plan to expand the application of natural gas in industrial, commercial, residential, and transport sectors.

Significance