ADNOC Global Trading joint venture signs condensate deal in Philippines amid LNG projects and gas activities
Abu Dhabi National Oil Company, whose subsidiary supplied the first floating LNG terminal for the Philippines, is also involved in the latest supply deal for the Malampaya natural gas field offshore Palawan.
Philippines has joint LNG and gas field plan with Malampaya gas-to-power extension for stranded resources
The Government of the Philippines said it was still open to global energy company investors interested in exploration and production ventures in its offshore waters for domestic natural gas to supplement LNG imports amid the extension of the gas-to-power agreement linked to the Malampaya gas field.
Philippines has seven LNG projects with none on line as delays highlighted by fast German build out
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.
Japanese utility JERA takes stake in power player in Philippines ahead of LNG and infrastructure build out
JERA Co. Inc., the largest Japanese utility and liquefied natural gas importer, has decided to acquire a 27 percent stake in Aboitiz Power Corp. for $1.58 billion to partner with the major utility in the Philippines as the Asian nation builds out LNG and gas-fired power projects.
Philippines holds House hearings to reassure citizens that LNG is on the way to avoid power cuts by 2024
The Government of the Philippines is increasing its drive to bring liquefied natural gas import facilities on line to avoid a surge in electricity prices and possible power cuts once the Malampaya natural gas field reserves are depleted by 2024.
Energy World Corp. continues with Philippines LNG project and plan to reactivate Australian gas fields
Energy World Corp., the Australian-listed LNG and power project developer in southeast Asia, is making slower than expected progress on its Philippines LNG import terminal in Quezon Province because of the Covid-19 pandemic.
First Gen Corp. plans to fast track Philippines LNG and power hub for completion by 2022
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.
China National Offshore Oil Corp involved in second large-scale LNG project in Philippines
A second large-scale LNG import project has been proposed for the Philippines with the Chinese major, China National Offshore Oil Corp., named as one of the partners in the facility to be located south of the capital Manila.
