Skip to main content
  1. Home
  2. Regasification
  3. 05 Dec 18
  4. Tokyo Gas and First Gen sign preliminary agreement to build LNG import terminal

Tokyo Gas and First Gen sign preliminary agreement to build LNG import terminal

Published by , Editor
LNG Industry,

According to Reuters, First Gen Corp. – a Philippine power company – and Tokyo Gas Co. have signed a preliminary agreement to jointly develop an LNG import terminal in the Philippines.

Reportedly, Tokyo Gas is set to take a 20% interest in the project. Reuters claims that the project will be located in First Gen’s LNG complex, which itself is located in Batangas province.

According to Reuters, it is expected that the Philippines will commence LNG imports in order help mitigate the effects of the dwindling Malampaya field, which is set to run out of gas in 2024.

Read the article online at: https://www.lngindustry.com/regasification/05122018/tokyo-gas-and-first-gen-sign-preliminary-agreement-to-build-lng-import-terminal/

You might also like

JERA signs MoU with KOGAS

JERA Co., Inc. has signed a memorandum of understanding with Korea Gas Corp. with the aim of strengthening energy security in Japan and the Republic of Korea.

 
 

Embed article link: (copy the HTML code below):

 

This article has been tagged under the following:

LNG import news

 

LNG Industry is not responsible for the content of external internet sites.