First Gen Corp. and its partners have secured a permit from the Department of Energy to build an LNG terminal in Batangas.
The move means liquefied natural gas (LNG) may be introduced into the Philippine market as early as the third quarter of 2022.
First Gen said its subsidiary FGEN LNG Corp. has received a permit to construct, expand, rehabilitate and modify a project that they have been preparing at the First Gen Clean Energy Complex in Batangas City.
The project involves the modification of an existing jetty as well as the construction of an onshore gas receiving facility, which the Lopez-led firm is developing with Tokyo Gas Corp.
Jonathan C. Russell, Executive Vice President and Chief Commercial Officer of First Gen, said once FGEN LNG’s preparations are complete, construction could begin by the end of October or early in the fourth quarter this year.
Preparations include the design and implementation of enhanced work and safety protocols and procedures required to minimise the impact of COVID-19 on construction personnel and the local community.
Elsewhere, FGEN LNG is preparing to send out calls to tender for a floating storage and regasification unit (FSRU) upon completion of its ongoing nonbinding process.
For more information visit www.firstgen.com.ph