First Gen has entered into a deal with Prime Infrastructure Capital under which the latter will acquire a 60 percent equity stake in First Gen’s gas business in the Philippines, including the Batanagas LNG terminal.
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South Korean shipbuilder Hanwha Ocean has launched MOL’s floating storage and regasification unit (FSRU), which will serve Singapore’s second LNG import terminal.
French energy giant TotalEnergies and Vietnamese conglomerate T&T have signed a memorandum of understanding to jointly develop the 1,500 MW Long Son LNG-to-power project in Vietnam.
Prime Infrastructure Capital has completed the previously announced purchase of a 60 percent equity stake in First Gen's gas business in the Philippines, including the Batanagas LNG terminal.
PetroChina International, a unit of state-owned PetroChina, has delivered its first cargo of liquefied natural gas to First Gen's FSRU-based terminal in the Philippines.