Industry sources have disclosed that Phillipine company First Gen is currently searching a supplier for the Batangas LNG terminal. The supply agreement would be related to the project’s first term supply, to go from 2023 and 2027.
It is also understood that First Gen is negotiating a master sale and purchase agreements for the terminal with LNG suppliers.
Batangas, being developed by First Gen in partnership with Tokyo Gas, is expected operational in late 2024.
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