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Malampaya Phases II and III

Project Type

Expansion

Developer and Operator

Shell Philippines Exploration (SPEX - 45%) on behalf of its joint venture partners Chevron Malampaya (45%) and the Philippine National Oil Company – Exploration Corporation (PNOC EC - 10%)

Start of Expansion

August 2011

Expected Completion

2015

Investment

$1bn

Production Capacity

380 million standard cubic feet per day (MMscfd) of natural gas and 15,000bpd of condensate

Estimated Recoverable Reserves

Up to 3.29 trillion cubic feet of gas
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