Philippines LNG Terminal
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Philippines LNG Terminal, also referred to as AG&P LNG Terminal, Ilijan LNG Terminal is a liquefied natural gas (LNG) import terminal operating in the Philippines.[1]
Location
The terminal is located in Batangas, Philippines.[1]
Project details
- Operator: Atlantic Gulf & Pacific Company Industrial[2]
- Owner: Atlantic Gulf & Pacific Company[1]
- Parent company: Nebula Energy (80%), Osaka Gas, JBIC, Asiya[3][4]
- Vessel: ISH FSU[5]
- Vessel operator: ADNOC Logistics and Services[2]
- Vessel owner: ADNOC Logistics and Services[5]
- Vessel parent company: Abu Dhabi National Oil Company[6]
- Location: Batangas, Philippines[1]
- Coordinates: 13.753821, 121.040525 (approximate)
- Capacity: 5 mtpa[7][8]
- Status: Operating[9]
- Type: Import[1]
- Start year: 2023[9]
- Cost: P14.6 billion (US$262 million)[10]
- Associated Infrastructure: Ilijan power station
Note: mtpa = million tonnes per year; bcfd = billion cubic feet per day
Background
Atlantic Gulf & Pacific Company (AG&P), part owned by Osaka Gas and the Japan Bank for International Cooperation, announced that its Philippines subsidiary, Linseed Field Power Corp.[11], received approval to develop a liquefied natural gas (LNG) import and regasification terminal in Batangas Bay, south of Manila. The Philippines’ energy department issued it a notice to proceed to develop the terminal, known as Philippines LNG, which will provide the fuel to a power plant, industrial and commercial customers, and other consumers.[12]
Philippines LNG will have an initial capacity of up to 3 million tonnes per annum (mtpa) of regasified LNG, with additional capacity for liquid distribution. It will also have scalable onshore regasification capacity of 420 million standard cubic feet per day (mmscfd) and almost 200,000 cubic metres (cbm) of storage. The company has completed its pre-development work for the terminal which is expected to be commissioned by mid-2022. The statement did not disclose financial details of the project.[12]
Construction on the terminal began in 2021 using an offshore modular approach.[13] In late December 2021, the application to continue development was approved by the Philippines department of energy, with operations expected to commence in June 2022.[11]
As of May 2022, construction was nearing completion, and the developers were considering beginning operations in August 2022.[14]
Environmental groups opposed the terminals and gas-fired power plants in the region.[15] In 2022 the project received a cease-to-desist order.[16][17] However, the project was commissioned the following year in April, 2023.[9]
In March 2024, three of the top energy firms in the Philippines partnered to invest in the large-scale integrated LNG facility including Philippines LNG Terminal and Ilijan power station, in a deal valued at US$3.3 billion. The firms include Aboitiz Power, a subsidiary of Manila Electric, and San Miguel Corp, the current owner of the power station. According to reports, the companies plan to acquire the LNG terminal but have not yet done so.[18]
Articles and resources
References
- ↑ 1.0 1.1 1.2 1.3 1.4 McDermott's CB&I Storage Solutions Awarded LNG Storage Contract for Philippines' First LNG Import Terminal PR Newswire, Apr 14, 2021
- ↑ 2.0 2.1 GIIGNL. The LNG Industry: Annual GIIGNL Report. June 2024.
- ↑ PR Newswire. Nebula Energy LLC buys majority stake in AG&P LNG, a subsidiary of AG&P Group, focused on integrated LNG terminal and downstream gas market development. January 31, 2024.
- ↑ Reuters. AG&P LNG aims to start developing 6 import terminals within 2 years. January 30, 2024.
- ↑ 5.0 5.1 Habibic, Ajsa (2023-04-27). "WATCH: 137,500 cbm ISH FSU docks at Philippines LNG import terminal in 'a historic moment'". offshore-energy.biz.
{{cite web}}: CS1 maint: url-status (link) - ↑ "ADNOC L&S". www.adnoc.ae. Retrieved 2023-07-11.
- ↑ GIIGNL. The LNG Industry: GIIGNL Annual Report 2023. July 14, 2023.
- ↑ AG&P. Our Assets. Accessed July 2024.
- ↑ 9.0 9.1 9.2 "AG&P's Philippines LNG (PHLNG) Import Terminal Welcomes the First LNG Cargo In The Country As It Successfully Berths Its Long-term Chartered 137,500 cbm ISH Floating Storage Unit (FSU) in Batangas Bay". prnewswire.com. 2023-04-26.
{{cite web}}: CS1 maint: url-status (link) - ↑ Gomez, Eireene Jairee (2022-07-07). "AG&P to commission 1st LNG terminal in PH". The Manila Times. Retrieved 2022-07-06.
- ↑ 11.0 11.1 "PHILIPPINES APPROVES LINSEED'S LNG PROJECT". Natural Gas World. Retrieved 2022-01-03.
{{cite web}}: CS1 maint: url-status (link) - ↑ 12.0 12.1 Jessica Jaganathan, Philippines LNG imports Reuters, March 8, 2021
- ↑ The LNG Industry: GIIGNL Annual Report 2022. GIIGNL. May 2022.
- ↑ "AG&P, First Gen LNG facilities near completion". Power Philippines. 2022-05-16. Retrieved 2022-07-06.
- ↑ "https://www.banktrack.org/blog/philippines_communities_are_fighting_back_against_the_verde_island_passage_becoming_the_epicenter_of_fossil_fuel_expansion_in_southeast_asia".
{{cite web}}: External link in|title= - ↑ Alcoseba Fernandez, Hannah (2022-10-19). "Philippines government moves to stop new gas projects in biodiverse coral region". eco-business.com.
{{cite web}}: CS1 maint: url-status (link) - ↑ "SMC not above law". pressreader.com. 2022-11-09.
{{cite web}}: CS1 maint: url-status (link) - ↑ Reuters. Philippines' top energy firms partner for $3.3 bln LNG facility. March 2, 2024.
