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'Gas turbine shortage slows Phl LNG buildout’
The Philippine Star
|October 08, 2025
The Philippines is unlikely to commission new liquefied natural gas (LNG) plants until 2030 as global gas turbine shortages cripple the buildout, according to the Institute for Energy Economics and Financial Analysis (IEEFA).
The IEEFA warned that turbine bottlenecks could intensify delays and skyrocket costs for new gas-fired power projects in the Philippines, with developers scrambling to secure orders.
"The Philippines has one LNG-to-power project expected to begin fully operating in 2025 but is unlikely to bring another LNG-fired power plant online this decade," the think tank said in a report released yesterday.
This refers to the 1,275-megawatt Excellent Energy Resources Inc. in Batangas owned by tycoons Manuel V. Pangilinan, Ramon Ang and Sabin Aboitiz. A 432-MW expansion is in the pipeline.
Cette histoire est tirée de l'édition October 08, 2025 de The Philippine Star.
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