THE Department of Energy (DoE) has approved and issued a notice to proceed (NTP) in favor of Samat LNG Corp. to develop a small-scale liquefied natural gas (LNG) receiving terminal and regasification facility in Barangay Sisiman, Mariveles, Bataan. The approval is part of the government's efforts to ensure power supply in light of the impending depletion of the Malampaya natural gas reservoir. Small-scale LNG terminals, which are modular and can be constructed quickly, are ideal for an archipelagic nation such as the Philippines. Samat LNG will join the other six ongoing LNG terminal projects development in the country. The proponents of these projects are the Linseed Field Corp., FGEN LNG Corp., Luzon LNG Terminal Inc., Energy World Gas Operations Philippines Inc., Shell Energy Philippines Inc. and Vires Energy Corp.

Source: Manila Times January 28, 2023 04:18 UTC