LNG

Fourchon LNG, the US export venture owned by a subsidiary of Hong Kong-based Energy World Corp. and planned for Belle Pass in Louisiana, was granted multi-year permits to ship cargoes for 30 years to countries with a Free Trade Agreement (FTA) with the US and for 20 years to any countries without an FTA.

Energy World Corp., the developer of the mechanically complete first LNG import terminal in the Philippines at Pagbilao, is constructing a second storage tank at the facility that will operate as a tolling Hub with access for third-party clients.