First Gen Plans Small-Scale LNG for Philippines

Fgen LNG, a wholly-owned subsidiary of Manila-listed First Gen, is planning to develop small-scale LNG solutions for the Philippines, First Gen said on October 30 in a statement.

The company’s small-scale LNG will serve the First Philippine Industrial Park (FPIP), one of the largest industrial parks in the Philippines. FPIP is located near Manila. The park could receive LNG from trucks in specialised insulated containers supplied from Fgen LNG’s proposed interim offshore LNG terminal, which will be located at the First Gen Clean Energy Complex (FGCEC) in Batangas City, approximately 50 km away from FPIP.

“The project will allow Fgen LNG to be able to bring in a floating storage and regasification unit (FSRU) on an interim basis and thus accelerate Fgen LNG’s 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, such as FPIP,” First Gen said.

Fgen LNG is preparing to open a tender for binding bids for the supply of the FSRU, after the current non-binding stage is completed. BW Gas, GasLog LNG Services, and Hoegh LNG, have expressed interest in providing the FSRU.

Provisions have been made at the FGCEC to install an LNG truck loading facility to load LNG into ISO containers transported by truck. Fgen LNG will focus on developing small-scale LNG solutions in two phases, First Gen said.

In the first phase, Fgen LNG and FPIP will assess introducing small-scale LNG to FPIP’s industrial park and identify a site inside the industrial park that can accommodate a satellite LNG receiving, storage, and regasification facility, which can then serve locators in the industrial park and other nearby industrial users. In the second phase, the company will examine bringing LNG to other islands in the Philippines using small-scale LNG carriers, First Gen said.