LNG

Phinma aims to complete Cebo LNG-to-power plant by 2023

A subsidiary of Philippines-based Phinma Energy, aims to complete development of its LNG-to-power project in Cebu province by 2022-2023
By Staff reporter 13 April 2018 0 30428

Phinma Petroleum and Geothermal (PPG), a subsidiary of Philippines-based Phinma Energy, aims to complete development of its LNG-to-power project in Cebu province by 2022-2023, Business World reported on Friday.

Engineering designs have been completed for an FSRU and a floating 120 MW power plant and jetty, while a feasibility study will be completed by mid-year.

The company is in discussions for LNG supply and delivery.