RP to benefit from oversupply of LNG: Cusi

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Department of Energy (DOE) Secretary Alfonso G. Cusi (2nd right) leads the Philippine delegation to the Liquefied Natural Gas (LNG) Producer-Consumer Conference 2016 held in Tokyo last November 24. With Cusi are (from left)) DOE Undersecretary Donato D. Marcos, President and CEO Reuben S. Lista of the Philippine National Oil Company. Also in the photo is Deputy Chief of Mission Eduardo M.R. Meñez (right) of the Philippine Embassy in Tokyo. In his keynote speech delivered at Session 3 of the Conference entitled “Emerging LNG Markets in Asia”, Cusi said the Philippines can take advantage of the oversupply and the relatively low prices of liquefied natural gas calling on the international community to forge partnerships to further develop the LNG industry.