First Gen, BW to rename Batangas FSRU ahead of LNG terminal launch in 2023

Philippine power producer First Gen and BW LNG, a unit of the Singapore-based gas giant BW, agreed to rename the 162,000-cbm FSRU BW Paris ahead of the launch of the Batangas LNG import terminal in 2023.

According to a statement by First Gen, the partners will rename the FSRU BW Batangas.

The firm controlled by the Lopez family last year 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.

First Gen, BW to rename Batangas FSRU ahead of LNG terminal launch in 2023
Image: BW LNG

First Gen says to complete LNG terminal construction in Q1 2023

Due to a delay in the completion of the facility, the two firms agreed in June 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 said in the new statement it expects to complete the construction works on the LNG import facility in the first quarter of 2023.

The firm still expects to deploy the chartered FSRU by the end of Q2 or early Q3 2023, it said.

The Philippines currently has no operational LNG import plants, but there are plans for several LNG facilities.

AG&P previously said that its facility in Batangas Bay would become the first LNG import in the Philippines following launch later this year.

- Advertisements -

Most Popular

Spark: spot LNG shipping rates ease this week

Spot charter rates for the global liquefied natural gas (LNG) carrier fleet declined this week as vessel availability increased,...

Pilot LNG, Seapath plan to build $150 million US bunkering facility

Houston-based Pilot LNG is joining forces with Libra Group's maritime unit Seapath to build what they say is the...

US weekly LNG exports down to 21 shipments

US liquefied natural gas (LNG) exports declined in the week ending September 27 compared to the week before, according...

More News Like This

Samat LNG pens land lease deal with PNOC for small-scale terminal

Samat LNG has signed a long-term lease agreement with state-owned Philippine National Oil Company (PNOC) to secure land for...

BW assessing condition of its LNG carrier after Suez Canal incident

BW LNG, a unit of Singapore-based gas giant BW, will later this day investigate the condition of its 2021-built...

Shell to supply commissioning cargo to First Gen’s Batangas LNG terminal

Power producer First Gen has awarded a contract to a unit of LNG giant Shell to supply the first...

First Gen: BW’s FSRU arrives in Batangas

The 162,000-cbm FSRU BW Batangas has arrived in Batangas, Philippines to start serving First Gen's liquefied natural gas (LNG)...