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Reserves of Coal, Oil, Natural Gas, and Condensate amounted to PhP 594.22 Billion in 2022
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The total monetary value of coal, oil, natural gas, and condensate reserves amounted to PhP 594.22 billion in 2022. This is more than double its value in 2021 at PhP 242.61 billion.
Philippines’ Class A Coal, Oil, Natural Gas and Condensate Reserves Valued at PhP 241.99 Billion in 2021
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The Energy Accounts of the Philippines aims to provide information on the volume and value of coal, oil, natural gas, and condensate. The compilation adheres to the System of Environmental-Economic Accounting 2012 Central Framework (SEEA-CF) as well…
Philippines’ Class A Coal, Oil, Natural Gas, and Condensate Reserves Valued at PhP 378.25 Billion in 2020
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The Energy Accounts of the Philippines aims to provide information on the stocks and changes in stocks of four non-renewable energy resources in the country, namely: coal, oil, natural gas, and condensate. The compilation adheres to the System of…
Contribution of coal, oil, natural gas, and condensate resources to the Gross Domestic Product (GDP) increased from 2000 to 2019
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Non-Renewable Energy Resource Rent (% of GDP). The non-renewable energy resource rent is the value of extractions of coal, oil, natural gas, and condensate resources less all extraction costs.
Extraction of Coal, Oil and Natural Gas Increased from 2000 to 2017
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The extraction of Philippine energy resources increased from 2000 to 2017. Coal extraction increased by almost ninefold from 1.4 million metric tons (MT) to 13.3 million MT in 2017. Meanwhile, oil extraction increased from 0.4 million barrels of oil…