Excelerate Energy LP is preparing to start construction for a liquefied natural gas (LNG) facility in Batangas, a year after it secured the go-ahead from the Philippine government for the project.
Excelerate Energy said it is in the final phases of preparing to commence construction of the Filipinas LNG Gateway project, which will be the country’s first open access LNG import terminal.
The US company said the Filipinas LNG project will be located in offshore Batangas Bay and will provide access to all power plants in the Luzon region, both new and existing, which use natural gas as a fuel for generating electricity.
Ramon Wangdi, president of Luzon LNG Terminal Inc (Excelerate’s local subsidiary), said: “Since receiving a Notice-to-Proceed (NTP) from the Philippine Department of Energy (DOE) in late 2019, Excelerate has worked diligently to develop Filipinas LNG so that the energy markets can be prepared for the next chapter after Malampaya.”
Despite COVID-19 challenges and resulting lockdowns, Excelerate said the company and its local partner, Topline Energy, have been able to make “tremendous progress on the project.”
“We will submit our Permit to Construct, Expand, Rehabilitate and Modify (PCERM) to the DOE soon, which is the next step in bringing this nationally important facility online as early as the second quarter of 2022,” Wangdi said.
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