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LNG to Benefit Philippines, Says ADB Energy Expert

Jun 21, 2018

The Philippines stands to benefit from introducing liquefied natural gas (LNG) to support power generation and making it part of its energy mix, the government's Philippine News Agency reported quoting  an energy sector expert for the Asian Development Bank (ADB). “Right now and the foreseeable future, natural gas and LNG is much cheaper today compared to two to three years ago, so there is a chance…

Excelerate to Build FLNG Terminal in Philippines

Sep 27, 2019

Philippine authorities have given Excelerate Energy LP permission to proceed on plans to develop a floating natural gas import terminal to supply existing and new power generation.Texas-headquartered player in floating LNG regasification solutions…

Philippines Greenlights LNG Terminal Project

Mar 08, 2019

Philippine power producer First Gen Corp said on Friday it has learned that the Department of Energy has approved its application for a Notice to Proceed (NTP) for the construction of its FGEN Batangas LNG Terminal Project.First Gen, which operates four power plants with a combined capacity of 2…

Philippines Short-lists Three Groups for LNG Terminal Project

Oct 30, 2018

The Philippines has short-listed three different groups to build and operate its first liquefied natural gas (LNG) import terminal and hopes to nominate one by November, its energy minister said on Tuesday.Short-listed companies were chosen from 18 groups that submitted proposals for the project…

Phoenix Petroleum, CNOOC Partner for LNG Terminal

Jun 05, 2018

Philippine fuel retailer Phoenix Petroleum said it had agreed to partner with a subsidiary of state-owned China National Offshore Oil Corp (CNOOC) to explore building a receiving terminal for liquefied natural gas in the country.The Philippines…

Philippines, China Mull South China Sea Energy Cooperation

Mar 02, 2018

The Philippines on Friday identified two areas in South China Sea where joint exploration for oil and gas may be undertaken with China, including one in territory that both sides have argued over for years. The two countries have agreed…

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