Bataan-Manila LNG Terminal
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Bataan-Manila LNG Terminal, also known as Limay LNG Terminal, Energy City, and Batman II, was a proposed LNG terminal in Bataan, Philippines. As of 2020, it is considered cancelled.
Location
The facility will be built on a nearly 500-hectare property owned by the Philippine National Oil Company near the existing refinery of Petron Corporation.
Project details
- Operator:
- Owner: Philippine National Oil Company
- Parent company: Philippine National Oil Company
- Location: Limay, Second District, Bataan, Philippines
- Coordinates: 14.57, 120.6 (approximate)
- Capacity:
- Status: Cancelled
- Type: Import
- Cost: US$2.4 billion[1]
- Start year: 2020
Background
Bataan-Manila LNG Terminal is a proposed LNG terminal in Bataan, Philippines.[2] The plan was originally approved by PNOC-AFC, the now defunct subsidiary which owns the Bataan land where it would be built, and was president to President-elect Duterte in July 2016.[3]
The first phase of the project could be ready for operations as early as 2020. However, the project is facing delays as the Filipino government rejected Gregorio Amanita Inc.'s plans for the facility, and announced they would be soliciting proposals from interested parties instead. At the time of the government's rejection, final leasing rate for the site's property was being negotiated.[3] Its estimated cost is US$2.4 billion. The proposed project will be bankrolled by a consortium that includes Japanese industrial giants Mitsui and Osaka Gas. Once fully operational, the facility will host a 1,600-megawatt power plant that will be powered by LNG.[1]
As of 2020, the project appears not to have progressed in over four years, and it is considered cancelled.
Articles and resources
References
- ↑ 1.0 1.1 "$2.4-B ‘Energy City’ in Bataan proposed," Daxim L. Lucas, Philippine Daily Inquirer, May 29, 2017.
- ↑ Bataan-Manila LNG Terminal, A Barrel Full, accessed April 2017
- ↑ 3.0 3.1 LNG project faces delay as gov't flip-flops, Iris Gonzales, The Philippine Star, 14 August 2017