First Gen Breaks Ground on $1-b Batangas Gas Hub

FGen LNG Corp.(PSE: FGEN), a joint venture of First Gen Corp. and Tokyo Gas of Japan, on Tuesday broke ground on the $1-billion liquefied natural gas terminal project and announced plans to build another 1,200-megawatt natural gas projects in this city.

Once completed, the LNG terminal will allow the Philippines to import and store LNG and ensure a stable supply of clean energy after the Malampaya natural gas field in northwest Palawan is depleted by 2024. 

To read more, click here.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.