Philippines LNG news

LNGPH have signed an LNG sale and purchase agreement with Vitol Asia Pte Ltd, a global energy and commodities company.

PETRONAS and Mitsubishi Corp. have strengthened their 46-year partnership with the signing of new agreements.

First Gen Corp. has awarded a contract to Tokyo Gas for the delivery of one LNG cargo of to be delivered in July 2024.

First Gen Corp. has received a delivery of ~130 000 m3 of LNG from CNOOC Gas and Power Trading & Marketing Limited.

Morrison Foerster has represented Tokyo Gas Co., Ltd on its entry into definitive agreements for the acquisition of a 20% stake in an LNG import and regasification terminal project in Batangas province.

Rystad energy reports that despite the growth in dual fuels, LNG remains supreme in terms of shipping fuel choices.

Oil and gas industry exhibits resilience as contract value sustains despite 22% drop in contract volume during 2023, reveals GlobalData.

Meralco PowerGen Corp., Aboitiz Power Corp., and San Miguel Global Power Holdings Corp. are launching the Philippine’s first and most expansive integrated LNG facility in Batangas.

Nebula Energy is investing US$300 million in AG&P LNG to fast-track LNG terminal development across emerging markets in South and Southeast Asia.

JERA Co., Inc has concluded an agreement with the Association for Overseas Technical Cooperation and Sustainable Partnerships related to system design and other support for the adoption of LNG in the Republic of the Philippines.