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.

Energy World Corp., aiming to complete the first LNG import terminal in the Philippines by December 2016, has finalized the financing for the hub facility located at Pagblao in Quezon province.