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First Gen keen on more LNG terminals
The Philippine Star
|June 03, 2024
Lopez-led First Gen Corp. is setting its sights outside Batangas to build new liquified natural gas (LNG) terminals with Japanese partner Tokyo Gas Co. Ltd.
The listed firm, through subsidiary FGEN LNG Corp., owns and operates the interim offshore terminal project in Batangas City, the construction of which was aimed at ensuring fuel for natural gas plants.
"I think we're very happy to work with Tokyo Gas to develop these kinds of projects in other locations outside of Batangas," First Gen EVP and chief commercial officer Jonathan Charles Russell said.
The Japanese company is keen on expanding its partnership with First Gen following the "successful development" of the Batangas LNG import terminal, Russel said.
This story is from the June 03, 2024 edition of The Philippine Star.
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