Prime Energy (Prime Energy Resources Development B.V.)

Prime Energy (Prime Energy Resources Development B.V.), a subsidiary of Prime Infrastructure Capital Inc., is a natural gas exploration and development company. It owns the 45-percent operating interest in Service Contract 38, or the Malampaya deep water gas-to-power project, supplying 20 percent of Luzon's electricity requirements.In more than two decades of operation, the Malampaya Project supported the Philippines' energy security, generated significant revenues of more than US13.14 billion for the Government, and made significant contributions to stakeholder communities through sustainable social and environmental programs.PRIME ENERGY the country's reliable partner in enriching the lives of Filipinos & powering the future of Philippine Energy.