First Gen’s Batangas FSRU gets new LNG cargo

The 162,000-cbm FSRU BW Batangas, owned by BW LNG and chartered by First Gen, received the cargo from the 174,000-cbm GasLog Greece, owned by GasLog and chartered by Shell.

First Gen’s executive VP and chief commercial officer, Jonathan Russell, confirmed the arrival of GasLog Greece in Subic Bay in a social media post on Tuesday.

He did not provide further details.

GasLog Greece’s AIS data shows the vessel delivered the LNG cargo from Shell’s QCLNG plant in Australia.

BW Batangas is berthed at the First Gen Clean Energy Complex (FGCEC) in Batangas City.

First Gen uses regasified LNG to fuel its gas-fired power plants located in the complex.

The company has a portfolio of four gas-fired power plants with a combined capacity of 2,017 MW that have been supplied for many years with gas from the Malampaya offshore gas field.

It is now buying LNG to replace declining volumes from the Malampaya gas field.

Seventh tender

Last month, First Gen issued a tender seeking to procure a single cargo of LNG via its unit First Gen Singapore on a delivered ex-ship (DES) basis.

First Gen said the selected bidder will deliver the LNG cargo of about 154,500 cbm from October 14 to October 18, 2024.

According to the company’s website, the firm picked Shell to deliver this LNG shipment.

This was the seventh tender the company issued since last year.

Prior to this tender, First Gen launched tenders for delivery in May and July, while the fourth tender was not awarded as First Gen did not get firm commitment from Manila Electric regarding the costs of the LNG supply.

Shell supplied the first LNG cargo for commissioning purposes to First Gen’s FSRU-based LNG terminal in August last year, while Trafigura and TotalEnergies supplied the second and the third cargo.

A unit of China’s state-owned energy giant CNOOC supplied the fourth LNG cargo, while First Gen awarded the fifth LNG cargo to Japan’s Tokyo Gas for delivery in July.

Japan’s city gas supplier and LNG importer Tokyo Gas and First Gen are partners and the Japanese company in May entered into a deal to buy a 20 percent stake in First Gen LNG, a unit of First Gen and the operator of the FSRU-based terminal in Batangas.