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Released February 02, 2024 | METRO MANILA
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Researched by Industrial Info Resources (Sugar Land, Texas)--First Gen Corporation (Philippines) has successfully completed its interim offshore liquefied natural gas (LNG) facility, marking the Philippines' second LNG terminal located in Batangas.

The chartered BW Batangas floating storage and regasification unit boasts a substantial regasification capacity of 5 million tonnes per annum (MTPA). The third LNG cargo, anticipated for delivery in February by TotalEnergies Gas & Power Asia Private Limited, will further strengthen the facility. In addition, as part of First Gen's expansion plan, an onshore regasification facility is in the works, set to add another 5 MTPA of capacity to meet the growing demand for natural gas.

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Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).

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