Three largest power companies in Philippines to acquire LNG import terminal and boost capacity for generation
The Philippines aims to increase liquefied natural gas import capability through a joint venture formed by three of the largest Filipino power companies to acquire one of the nation’s two operating LNG import facilities as the economy grows.
Shell signs deal to sell interest in depleting Malampaya gas field assets as Luzon awaits LNG imports
Royal Dutch Shell has signed an agreement to exit the depleting Malampaya gas field in the Philippines as the southeast Asian nation advances with several plans for LNG import projects to fuel gas-fired power projects.
Japan's Tokyo Gas and Marubeni join with PetroVietnam for LNG and power project in Quang Ninh
Tokyo Gas, the Japanese utility and LNG importer, has joined with one of Japan’s main trading houses, Marubeni Corp., to develop a liquefied natural gas and power project in the northeast Vietnamese province of Quang Ninh.
Developer of LNG terminal for the Philippines awards contract to Australia-based McConnell Dowell
First Gen Corp., the largest provider of gas-fired power in the Philippines, has chosen Australia-based McConnell Dowell as its engineering contractor for an interim floating import terminal at Batangas City to help guarantee the Asian nation's energy security as a major domestic gas field depletes.
