Philippine oil production, Including lease condensate; Production of Crude Oil only

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  1. Philippine oil production, 85 Mt in 2024). WDB: Energy Balance: Oil. Including lease condensate; Production of Crude Oil only. Updated as of 2020. Excludes liquid fuels from other sources such as biofuels and synthetic derivatives of coal and natural gas. Most of the crude oil supply is covered by imports (5. Sep 18, 2021 · Facts and statistics about the Oil - production of Philippines. Historically, the average for the Philippines from 1984 to 2023 is 11. Saudi Arabia is the largest crude oil supplier (nearly 49% in June 2024), followed by the United Arab Emirates (28%), Iraq (19%), and Colombia (4%). . This also excludes liquid fuel adjustment factors such as The "Philippines Oil and Gas Strategic Analysis and Outlook to 2032" is an all-encompassing report that delivers a full-spectrum evaluation of the nation’s oil and gas value chain—from exploration and production fields, refinery and LNG plant operations, to midstream pipelines and storage infrastructure in Philippines. 93 thousand Barrels Per Day in 2022. 63 thousand Barrels Per Day, based on data from 190 countries. The minimum value, 0. Aug 26, 2022 · The representative oil companies based in the Philippines are the Philippine National Oil Company (PNOC) and Petron, a group company of San Miguel, a major conglomerate. 95 thousand Barrels Per Day. The Philippines: Oil production, thousand barrels per day: The latest value from 2023 is 0. 50 BBL/D/1K in October. Jun 27, 2025 · Includes crude oil, shale oil, oil sands, condensates (lease condensate or gas condensates that require further refining) and NGLs (natural gas liquids - ethane, LPG and naphtha separated from the production of natural gas). PNOC handles the development of a wide range of energy resources, including oil and gas, as well as renewable energy. 9 thousand Barrels Per Day, a decline from 0. We would like to show you a description here but the site won’t allow us. However, due to lower production output, the Philippines imports crude oil and Dec 20, 2024 · Philippine oil and gas exploration, production The first oil development and production in the Philippines were in the Nido and Matinloc fields under petroleum service contract number 14. Production: Crude Oil - Indigenous Production Marketed production, after removal of impurities but including quantities consumed by the producer in the production process. Crude Oil Production in Philippines remained unchanged at 0. Data, Statistics and Charts. Philippines Oil Production & Consumption Oil production is low and decreasing (0. However, due to lower production output, the Philippines imports crude oil and The Department of Energy (DOE) ensures a continuous, adequate, and economic supply of energy to keep pace with the countrys growth and economic development with the end view of ultimately achieving self-reliance in the countrys energy requirements The data is categorized under Global Database’s Philippines – Table PH. This page provides - Philippines Crude Oil Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Current and historical Reserves, Production, and Consumption of Oil in the Philippines. Dec 17, 2025 · In the Philippines, oil consumption was highest among other fuel types, especially within the transportation sector. Source: Philippines energy report Interactive Dec 17, 2025 · In the Philippines, oil consumption was highest among other fuel types, especially within the transportation sector. 2 Mt in 2024) and only covers 4% of oil demand. In comparison, the world average is 429. Global rank and share of world's total. JODI.


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