Exploration & Production

Philippine court rules against Palawan’s Malampaya claim

The Supreme Court of the Philippines has ruled Palawan province is not entitled to a share of earnings from the Malampaya gas project.
By Staff reporter 4 December 2018 0 33556

The Supreme Court of the Philippines has ruled the Philippine province of Palawan is not entitled to a share of earnings from the Malampaya gas project, according to a CNN Philippines report that cited two court insiders.

Palawan had sought 40% of the government revenues from Malampaya.

The $8-10 billion in tax revenues from the field was expected to be distributed 60/40 between the national and local governments.

However, the national government claims Malampaya is outside of Palawan’s 15 km of municipal...