Senator Pia Cayetano welcomed the successful drilling of the Camago-3 gas well, calling it a breakthrough for the country’s energy security and local energy production.
“This comes as a source of hope and opportunity, especially at a time when the conflict in West Asia continues to threaten global fuel supply and drive up energy costs,” Cayetano said.
“This comes as a source of hope and opportunity, especially at a time when the conflict in West Asia continues to threaten global fuel supply and drive up energy costs.”
“Every move toward strengthening our own energy sources is a step toward protecting Filipino families from unpredictable costs,” the veteran legislator added.
As chairperson of the Senate Committee on Energy and the author and sponsor of the Philippine Natural Gas Industry Development Act, the seasoned lawmaker noted that the Camago-3 development is a direct result of the policy framework the law put in place. The measure mandates comprehensive downstream natural gas planning, promotes investment, and prioritizes indigenous natural gas to reduce import dependence and help moderate power costs over time.
“This is exactly what the NatGas Law was designed to make possible,” the lady senator said.
“Locally sourced gas is more affordable.”
She further explained, “Locally sourced gas is more affordable. And with a stable domestic supply, we can achieve more reliable and – potentially cheaper– electricity for our homes and businesses. That’s what matters most to our people.”
As chairperson of the Senate Committee on Sustainable Development Goals, Innovation, and Futures Thinking, Cayetano has long argued that energy security is not a reaction to crisis but a product of deliberate, futures-oriented thinking.
Strengthening indigenous energy supply, she has consistently maintained, is inseparable from the country’s commitments on affordable and clean energy, climate action, and inclusive development.
