LNG

The Philippines Department of Energy has approved a seventh LNG import project, though the first is not scheduled to come on line until later in 2023 as the southeast Asian nation appears left on the starting line compared with the rapid deployment of infrastructure in Germany in a matter of months rather than the years it's taking to  complete one Filipino regasification venture.

Chart Industries, the maker of equipment for the liquefied natural gas and industrial gas industries, and Energy Capital Vietnam, a southeast Asian-focused asset management firm, have signed an accord to promote the distribution of liquefied natural gas within Vietnam with Chart as the supplier of downstream equipment.