• Natural Gas News

    Shell Eyes Role in Philippine LNG Project: Press


The company has filed a notice to proceed (NTP) with the energy department.

by: Shardul Sharma

Posted in:

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

Shell Eyes Role in Philippine LNG Project: Press

Shell has filed a notice to proceed (NTP) with the Philippine energy department to supply a floating storage re-gasification unit (FSRU) for the Philippines LNG import project, local media reported on January 12.  

Energy assistant secretary Leonido Pulido III said during the senate committee energy hearing that two other companies—AG&P and Vires Energy—also filed NTPs with the department, Manila Standard reported. Pulido noted that two other companies—First Gen Corp. and Excelerate Energy—were in an advanced stage of developing LNG projects.

Fgen LNG, a unit of First Gen, has selected three preferred bidders for the next stage of a tender for the charter of an FSRU for its floating LNG import terminal in the Philippines. After an initial evaluation, the company has selected BW Gas, Dynagas and Hoegh LNG, First Gen said last month.