Fgen LNG has selected BW Gas and Hoegh LNG for the final stage of a tender for supply of a floating storage regasification unit (FSRU) for its LNG import terminal in the Philippines, its parent company First Gen Corp said on March 19. It plans to award the final contract by end of this month.   

First Gen said that the project will allow the company to accelerate its ability to introduce LNG to the Philippines as early as Q3 2022 to serve the natural gas requirements of existing and future gas-fired power plants of third parties and Fgen LNG affiliates.   

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Japanese utility Tokyo Gas signed an agreement with First Gen in December 2018 to develop an LNG receiving terminal in the country. Tokyo Gas has a 20% stake in Fgen LNG. In September last year, First Gen picked Japan’s JGC Corp for the engineering, procurement and construction work. 

First Gen has about 2 GW of generating capacity at four operating gas assets – the 1-GW Santa Rita, the 500-MW San Lorenzo, the 414-MW San Gabriel and the 97-MW Avion plants – all of which depend on gas from the offshore Malampaya field, which is expected to become depleted in a few years. They are all at Batangas city.