AsiaContracts and Tenders

Trio gets OK for $3.3 billion LNG-to-power deal in Philippines

By LNG Prime Staff
Trio gets OK for $3.3 billion LNG-to-power deal in Philippines
Ish at the PHLNG jetty (Image: AG&P)

Power companies Meralco PowerGen, Aboitiz Power, and San Miguel Global Power have received approval from the Philippines competition watchdog for their previously announced LNG-to-power transaction worth about $3.3 billion. According to separate statements by the firms, the Philippine Competition Commission (PCC) has approved the joint acquisition of two power facilities and a liquified natural gas…

LNG Prime Annual Subscription Membership Required

You must be a LNG Prime Annual Subscription member to access this content.

Join Now

Already a member? Log in here

Most Popular

LNG Terminals

QatarEnergy progresses commissioning of first NFE LNG train

State-owned LNG giant QatarEnergy is progressing with commissioning activities at the first train of the North Field East LNG project in Qatar despite the ongoing Middle East crisis, according to EPC contractor Technip Energies.
Contracts and Tenders

Seatrium working on up to nine FSRU opportunities, CEO says

Singapore's Seatrium is looking at six to nine floating storage and regasification unit (FSRU) tenders, according to CEO Chris Ong.
Vessels

Excelerate buys Meiji’s LNG carrier

US FSRU player has reportedly purchased Meiji Shipping's LNG carrier Methane Mickie Harper, according to brokers.
spot_img

More News Like This

Contracts and Tenders

Prime Infra takes 60 percent stake in First Gen’s Batangas LNG terminal

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.
LNG Terminals

BP delivers LNG cargo to Batangas FSRU

UK-based energy giant BP has delivered its first cargo of liquefied natural gas to First Gen's FSRU-based terminal in the Philippines.
Contracts and Tenders

AG&P LNG inks offtake MoU for Australian LNG import project

Nebula Energy’s AG&P LNG said it had signed a memorandum of understanding with an Australian integrated energy provider under which the latter may become a significant offtaker of the proposed Outer Harbor LNG terminal in South Australia.
LNG Terminals

Nebula’s AG&P LNG to take FID on Venice Energy’s LNG project in 2025

Nebula Energy’s AG&P LNG is expected to make a final investment decision on Venice Energy's FSRU-based LNG import project in the Port of Adelaide, South Australia, later this year after it agreed to buy the project.