Glencore considering LNG project in the Philippines
Published by Will Owen,
Editor
LNG Industry,
According to Reuters, mining and trading leader Glencore is considering expanding its presence in the LNG market as demand continues to grow.
The company has identified the Philippines as the ideal location for as possible LNG import project, consisting of a FSRU to import LNG directly to a power plant.
Reuters sources report that a commercial agreement has been signed and if pursued by Glencore, it would receive backing from several entities, including a engineering group from China.
Read the article online at: https://www.lngindustry.com/lng-shipping/02102018/glencore-considering-lng-project-in-the-philippines/
You might also like
EIA: 10 years after first Sabine Pass cargo, US LNG exports are still on the rise
Today, the US is the world’s largest LNG exporter, ahead of both Australia and Qatar, with LNG exports surged from 0.5 billion ft3/d in 2016 to 15 billion ft3/d in 2025, reports the U.S. Energy Information Administration.
