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Project Insights

Philippine LNG import scheme hits snag

The proposed Tanglawan LNG terminal in the Philippines has been delayed, which is likely to leave the country waiting for LNG to replace its declining production The proposed Tanglawan LNG terminal in the Philippines has been delayed, which is likely to leave the country waiting for LNG to replace its declining production.
By Damon Evans 18 July 2019 Asia Pacific / LNG 0 34404
Shell's Malampaya deepwater gas-to-power project in the Philippines. (Shell)

The key issue: The developers of the proposed 2.3 mtpa Tanglawan LNG terminal and integrated power project in the Philippines have delayed breaking ground on the scheme for at least six months.

Interfax analysis: The joint venture company developing the Philippines’ Tanglawan LNG terminal said in early July that the six-month delay affecting the project will not have an impact on its targeted completion date of 2023. However, further delays seem inevitable.

The developer, a JV between Philippine company Phoenix Petroleum and China National Offshore Oil...