Power producer First Gen is seeking one spot LNG cargo for its FSRU-based import terminal in Batangas, Philippines.
The firm controlled by the Lopez family said in a statement 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.
According to First Gen, the selected bidder will deiver the 154,500 cbm LNG cargo to the 162,000-cbm FSRU BW Batangas from March 15 to March 31, 2024.
First Gen expects to award the tender on March 6.
Fourth LNG cargo
This is the fourth LNG cargo for the FSRU-based facility.
LNG giant Shell suppled the first LNG cargo for commissioning purposes to the LNG terminal in August.
Shell delivered the LNG cargo from Australia onboard the 2021-built 174,000-cbm, LNGShips Manhattan.
Moreover, First Gen selected Trafigura to supply the second LNG cargo and the energy trader supplied the cargo with the 2021-built 174,000-cbm LNG carrier, Hellas Diana, owned by Latsco and chartered by Trafigura.
TotalEnergies Gas & Power Asia, a unit of French energy giant TotalEnergies won a tender to supply the third cargo.
The 2020-built 174,000-cbm LNG carrier, Qogir, owned by TMS Cardiff Gas and chartered by TotalEnergies, recently delivered the third LNG cargo to the FSRU from the Inpex-operated Ichthys LNG plant in Australia, its AIS data shows.
Second LNG terminal in Philippines
As per the FSRU, First Gen awarded in 2021 the five-year FSRU contract to BW LNG, as it looks to replace declining volumes from the Malampaya gas field.
BW Batangas arrived in the Philippines in June last year to start serving First Gen’s LNG import terminal developed by its unit FGEN LNG.
Prior to arriving in Batangas, the FSRU underwent modifications at the MMHE Shipyard in Johor, Malaysia.
This is the second LNG import facility in the Philippines as Singapore’s LNG firm AG&P kicked off commissioning activities in Apriil 2023 at the country’s first import terminal following the arrival of the 137,500-cbm FSU Ish at the terminal’s jetty in Batangas Bay.