Pilipinas Shell Mulls LNG Distribution Foray

Pilipinas Shell Petroleum Corp. is planning to bring floating storage regasification units to the country in its bid to become a major distributor of liquefied natural gas in the domestic market.

"For us, LNG supply will not be an issue, it will be more on the infrastructure to receive the LNG. Shell is the world’s biggest distributor of LNG," said Roberto S. Kanapi, Shell vice president for corporate communication, InterAksyon.com reported.

The proposed FSRUs could supply the fuel requirements of a 300-1,000 megawatt power plant in different locations because LNG processed from such facilities could easily be distributed, the report said.

Kanapi said the company is on track to complete its LNG study next year.