First Gen Corp.’s interim offshore terminal project in Batangas is now under the commissioning process, an executive said Thursday.
“First Gen Corp.’s LNG terminal is now in the commissioning process, and we look forward to utilizing LNG to support the energy security needs of the island nation,” said First Gen executive vice president and chief commercial officer Jonathan Russell.
The LNG terminal will be the second to be completed this year, according to the Department of Energy.
First Gen said in July that BW Batangas floating storage regasification unit vessel is now berthed at the LNG terminal.
First Gen awarded the contract to Shell Eastern Trading (Pte.) Ltd. for the first LNG cargo based on an international tender.
The LNG to be purchased by First Gen will be utilized by the company’s gas-fired power plants at its Clean Energy Complex in Batangas City. First Gen owns four gas-fired power plants with a combined capacity of 2,017 megawatts.
FGEN LNG constructed its project and executed a five-year time charter party for the BW Batangas to provide LNG storage and regasification services.
“The FGEN LNG terminal will accelerate the ability to introduce LNG to the Philippines, to serve the natural gas requirements of existing and future gas-fired power plants of third parties and FGEN’s affiliates,” the company said.
The company believes the FGEN LNG terminal will play a critical role in ensuring the energy security of the Luzon grid and the entire country.
