Wednesday, 05 January 2022 04:16

Asian LNG strategy

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Jan 5 (LNG) - Japanese LNG and energy engineering company JGC Holdings Corp. has renamed its subsidiary in Singapore JGC Asia Pacific Pte Ltd as a regional headquarters for five countries as the company pursues contract wins in LNG receiving terminals, gas-fired thermal power and other projects, including renewables.

   “The Singapore company will take on the new role of Asia-Pacific regional headquarters and serve as a base for project execution in Singapore and nearby countries, supporting activities in the Philippines, Indonesia, Vietnam and Malaysia,” said JGC.

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The Philippines LNG project at Batangas Bay on the Filipino main island of Luzon has awarded construction and storage tank contracts to the world’s oldest tank erector, Chicago Bridge and Iron (CB&I).

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Japanese utility Osaka Gas and the Japan Bank for International Cooperation (JBIC) have decided to invest in AGP International Holdings of Singapore to help expand the city-gas and LNG markets in southeast Asia and India.

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