Philippines Oil & Gas Report Q1 2014 - New Market Report
The Philippines' oil and gas outlook is a relatively positive one, marked by an expected short-term increase in both liquids and gas production, although it will still be insufficient to meet growing domestic demand. Longer-term growth will be dependent on results from ongoing and short-term exploration. Consumption is also expected to rise on the back of economic growth, and the government's promotion of gas use. However, we note that infrastructure and supply constraints could limit the country's gas demand growth...
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