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Project Insights

First Gen eyes first Philippine LNG imports in 2021

The company has accelerated plans for the country’s first LNG imports, which it will aim to secure through short-term deals The company has accelerated plans for the country’s first LNG imports, which it will aim to secure through short-term deals.
By Damon Evans 6 September 2019 Asia Pacific / Supply & Demand 0 34558
The Malampaya project in the Philippines. (Shell)

Philippine utility First Gen is seeking short-term LNG supply deals for 2021-2023 as it accelerates plans for the Philippines' first imports.

The company plans to bring in an FSRU on an interim basis ahead of the startup of its onshore terminal, which is due in 2024.

It would be a major coup for Philippine President Rodrigo Duterte if the country were able to start importing LNG before his current term in office ends in June 2022, as the Philippines has struggled for more than a decade to...