By Alena Mae S. Flores – September 14, 2018 at 08:25 pm
Global firm Lloyds Energy has expressed interest in participating in the liquefied natural gas project in the Philippines, according to the Energy Department.
“They (Lloyds) underwent pre-application conference, but no application yet,” Energy Undersecretary Leonido Pulido III said.
Lloyd officials met with DoE officials recently to discuss a proposal for the development of an integrated LNG hub.
The LNG facility will include a terminal and power plant with a capacity of 200 to 800 megawatts.
“The development of the LNG hub in the Philippines is a major achievement that would ensure the country’s gas supply and address the demand for increased energy given the high growth economy,” Lloyds Energy chief operating officer David Howe said.
Lloyds Energy teamed up with China Kaicheng Energy Ltd. for its LNG plan under the DOE’s Philippine Downstream Natural Gas Regulation.