First Gen unit granted permit to operate offshore LNG terminal in PH

This is valid for 25 years.

The Philippines’ Department of Energy has granted the permit to operate and maintain (POM) to First Gen Corporation’s wholly-owned subsidiary FGEN LNG Corporation for its offshore liquefied natural gas (LNG) terminal located in the First Gen Clean Energy Complex in Batangas City.

In a bourse filing, First Gen said the POM authorises the operation of the project for its own-use and is valid for 25 years.

The offshore LNG terminal consists of a multi-purpose jetty and an onshore gas receiving facility. It will help facilitate the integration of more renewable energy in the Philippines by enabling flexible power generation through increased natural gas plant capacity.

“We are thankful to Secretary Raphael P. M. Lotilla and the Downstream Natural Gas Review and Evaluation Committee for the support and guidance provided throughout this process, and for issuing the POM,” said First Gen President Giles Puno.