LNG

First Gen Corp. of the Philippines plans fast-track the LNG and power hub near Batangas City with the interim use of a floating storage and regasification unit to be able to receive LNG as early as the third quarter of 2022 and guarantee energy security for the capital Manila.

Excelerate Energy, the US floating liquefied natural gas terminal developer, has received permission to proceed with its Luzon LNG import project in the Bay of Batangas in the Philippines.