AG&P Obtains Notice to Build Philippines LNG Terminal
Singapore-based Atlantic Gulf & Pacific (AG&P) has been issued the notice to proceed by the Philippines’ department of energy to build its LNG import terminal in Batangas Bay, the company said on March 7.
The project, called Philippines LNG, will have the initial capacity to deliver up to 3mn metric tons/year of regasified LNG, with additional capacity for liquid distribution. The terminal will also have a scalable onshore regasification capacity of 420mn ft3/day and almost 200,000 m3 of storage. AG&P said it has already completed the pre-development work for the terminal, which is expected to be commissioned in 2022.
“We are excited about this critical step in bringing AG&P’s Philippines LNG import terminal online,” said Karthik Sathyamoorthy, president of LNG terminals & logistics. “AG&P is working to bring this safe, environmentally-friendly, competitive fuel to our customers by the summer of 2022 and hope that the wide availability of natural gas will spur manufacturing and jobs in the Philippines.”
The terminal will store and dispatch regasified LNG to power plants, industrial and commercial customers.