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    Philippine LNG Terminal 90% Complete: EWC


Energy World Corporation says it has 90%-completed its 130,000 m3 LNG hub terminal in the Philippines.

by: Shardul Sharma

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Natural Gas & LNG News, Asia/Oceania, Corporate, Import/Export, Investments, Infrastructure, Liquefied Natural Gas (LNG), News By Country, Philippines

Philippine LNG Terminal 90% Complete: EWC

Australia-listed Energy World Corporation (EWC) has 90%-completed its 130,000 m3 capacity LNG hub terminal in the Philippines, it said in a recent investor presentation dated February 1.

The facility, on Pagbilao Island in Quezon province, is some 90 km southeast of Manila and capable of handling up to 3mn metric tons/yr of LNG (see photo courtesy of EWC above). That's enough to support up to 3 GW of gas fired power plants. The deep-water jetty can handle all sizes of LNG vessels. 

The hub terminal will support EWC’s adjacent 650-MW combined cycle gas fired power plant and provide expansion options for both its and third-party gas clients. The terminal will be run on a tolling model for third party clients.

The company said that it is being approached by multiple provinces and islands looking to secure LNG supplies. It did not however say when the LNG terminal and power plant are expected to start operations. EWC said the foundation has been laid for a second, 130,000 m³ capacity LNG storage tank at the terminal.