Dec 27 (LNGJ) - JERA Co. Inc, the largest Japanese LNG importer and power supplier, has concluded an agreement to support the expansion of LNG and gas-fired power in the Philippines through system designs and tight regulatory oversight. The agreement was concluded following JERA’s selection as the contracted party for the oversight project. “The Republic of the Philippines is expected to expand its adoption of gas-fired thermal power generation due to the increased demand for electricity accompanying the country’s robust economic growth,” said JERA
The Tokyo-based company said its role would include developing national systems including regulatory frameworks to “support the full-scale adoption of LNG in the Philippines and support for developing regulations for facilities” related to the construction, operation and maintenance of LNG storage and regasification terminals, gas transportation and distribution systems as well as third-party access.
