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Offshore drilling near Palawan marks the Philippines’ first major natural gas discovery in over a decade, strengthening domestic energy security.(Representing ai image) Philippines Makes First Natural Gas Discovery in a Decade: Economic Impact Explained -  Dr. Sanjaykumar Pawar Table of Contents Introduction Why This Discovery Matters Now Understanding the Malampaya East One (MAE-1) Discovery Putting the Numbers in Perspective: Gas, Power, and Demand Energy Security and the Philippine Economy Coal Dependence, LNG Imports, and the Energy Transition Condensate: The Overlooked Economic Bonus Policy Decisions Behind the Discovery Regional and Geopolitical Implications Environmental Trade-Offs: Gas as a Transition Fuel What Comes Next: Scenarios for the Next Decade Visual Data Section  Key Takeaways Sources & References FAQs  1. Introduction After more than a decade without a major breakthrough, the Philippines has finally struck natural gas again ....