Philippine’s major power and gas utility, First Gen, is in talks with LNG suppliers as it seeks to secure a long-term import contract over 0.5-1 mtpa to help fuel new gas power projects in Luzon. “Over the past year, we’ve been speaking with over 20 suppliers but terms vary greatly,” Jose Aldon, CEO, AXI LNGas, senior advisor to First Gen told LNG North America.
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