LNG

Chinese independent LNG importer to build terminal in the Philippines

Jovo Group has signed a letter of intent to build and operate an LNG terminal in the Philippines
By Staff reporter 11 April 2018 0 30371

Guangdong province-based Jovo Group, the first independent LNG importer in China, signed a letter of intent on Tuesday to build and operate an LNG terminal in the Philippines, The Philippine Star reported on Wednesday.

The terminal will provide LNG to the local market and require total investment of about $2.5 billion.