The Department of Energy is looking for a stronger energy cooperation with Norway, including knowledge sharing in managing energy resources.
Energy Secretary Raphael Lotilla expressed appreciation for Norway’s willingness to share its expertise in managing its energy resources, particularly its experience with North Sea oil and gas during the Norway-Philippines LNG Summit 2024 on Monday.
Lotilla said the lessons from Norway’s journey—ranging from regulatory certainty to fiscal responsibility and workforce development—are highly relevant to the Philippines as it develops its natural gas sector.
“Norway has shown us that the responsible management of natural resources requires clear regulations, prudent fiscal policies, and a commitment to continuously upgrading the skills of our workforce,” he said.
The Norway-Philippines LNG Summit 2024 brought together key figures from both nations to explore avenues for collaboration, share expertise and discuss innovative solutions to the global energy transition.