Power producer First Gen is seeking one spot liquefied natural gas cargo for the commissioning of its FSRU-based LNG import terminal in Batangas, Philippines.
The firm controlled by the Lopez family said in a statement on Thursday it seeks to procure a single cargo of LNG via its unit First Gen Singapore on a DES basis, to be utilized by FGEN’s existing gas-fired power plants in its complex in Batangas.
First Gen said LNG would be loaded into the 162,000-cbm FSRU BW Batangas after facilitating its gassing-up and cooling down utilizing the delivered LNG cargo.
The firm is inviting bids from “experienced LNG suppliers” for a cargo with a capacity of about 154,500 cbm.
Also, the delivery window is from August 1 to September 30, 2023.
First Gen expects to award the tender to the selected bidder on July 6, 2023.
BW’s FSRU
Last month, First Gen said that construction of its LNG terminal has reached practical completion, and that the company expects the commissioning of the FSRU to start “soon”.
Due to a delay in the completion of the facility, BW LNG, a unit of the Singapore-based gas giant BW, and First Gen agreed in June last year to push back the delivery date of the FSRU from the first quarter of 2023 to the end of the second quarter or early in the third quarter 2023.
First Gen and BW LNG also agreed to rename BW Paris to BW Batangas ahead of the launch of the Batangas LNG import terminal in 2023.
The FSRU is currently undergoing modifications at the MMHE Shipyard in Johor, Malaysia, according to BW LNG.
In 2021, First Gen awarded the five-year FSRU contract to BW, as it looks to replace declining volumes from the Malampaya gas field.
BW’s converted FSRU will serve the import facility at First Gen’s existing Batangas energy complex.
It will provide LNG storage and regasification services to First Gen’s existing and planned gas-fired power plants and other third-party terminal users.
This will be the second LNG import facility in the Philippines as Singapore’s LNG firm AG&P kicked off commissioning activities in April at the first import terminal in the Philippines following the arrival of the 137,500-cbm FSU Ish at the terminal’s jetty in Batangas Bay.
