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First Gen to spend $530 million for capex

ABS-CBN News
Posted at May 20 01:32 PM

First Gen confirmed on Thursday that it expects to spend $530 million or around P25.4 billion in capital expenditures this year.   Read more »

First Gen to begin LNG terminal construction in April

Reuters
Posted at Mar 18 12:15 PM

Philippine power producer First Gen Corp FGEN.PS said on Thursday the construction of its LNG terminal, initially estimated to cost $274 million, will begin next month Read more »

First Gen says LNG projects pushing through despite drop in Jan-Sept recurring income

ABS-CBN News
Posted at Nov 12 12:49 PM

Clean energy provider First Gen Corporation (First Gen) is pushing through with its liquefied natural gas (LNG) development despite a decline in recurring net income from January to September this year, the company said.   Read more »

First Gen unit eyes developing small-scale LNG solutions in PH

ABS-CBN News
Updated as of Oct 30 10:26 AM

First Gen Corp said Friday its wholly-owned subsidiary FGEN LNG Corp was eyeing the development of small-scale liquified natural gas (ssLNG) solutions at the First Philippine Industrial Park. Read more »

San Miguel says power unit taps Singapore bond market to raise funds for LNG, other projects

ABS-CBN News
Posted at Oct 12 12:01 PM

San Miguel Corp said Monday its power unit was tapping the Singapore bond market to raise funds for capital expenditures and to fund its LNG project.   Read more »

Tokyo Gas to join Philippines offshore LNG terminal project

Kyodo News
Posted at Oct 08 01:35 PM

The largest Japanese gas supplier said Wednesday it will take on 20 percent of the $300 million project, including terminal construction and operation for importing LNG as well as repair of an existing jetty and installation of gas-receiving equipment in an area in Batangas city, some 100 kilometers south of Manila. Read more »

First Gen says 'open' to new partners as it accelerates LNG project

Jessica Fenol, ABS-CBN News
Posted at Jul 29 02:11 PM

First Gen Corp on Wednesday said it is open to work with more partners as it focuses on accelerating its liquefied natural gas (LNG) project in the country. Read more »

Liquefied natural gas terminal tinatayo sa Pinas

ABS-CBN News
Posted at May 28 08:53 PM

Pansalo ang liquefied natural gas terminal kapag naubos ang suplay ng natural gas galing sa Malampaya platform.  Read more »

First Gen, Tokyo Gas break ground on LNG project

ABS-CBN News
Posted at May 28 03:32 PM

FGEN LNG Corp's LNG Terminal project is "construction ready" following the completion of significant pre-development work, the company said in a statement.  Read more »

Dennis Uy's Chelsea Holdings, PNOC mull liquefied natural gas joint venture

ABS-CBN News
Posted at May 07 09:44 PM

The logistics company of Davao-based businessman Dennis Uy is looking to form a joint venture with the government-owned Philippine National Oil Company for a new liquefied natural gas (LNG) facility in Mabini, Batangas.  Read more »

Phoenix officials tour China model for Batangas LNG project

ABS-CBN News
Posted at Apr 16 10:30 AM

In a disclosure to the stock exchange, Phoenix Petroleum said its officials along with its Chinese counterpart toured around the facility while "checking" CNOOC's technical expertise in building and operating a running gas plant. Read more »

Indonesia's Pertamina eyes $1-B investment in PH gas industry: DTI

ABS-CBN News
Posted at Jan 30 08:40 PM

Indonesia's PT Pertamina is planning to invest around US$1 billion in the Philippines, the Department of Trade and Industry (DTI) chief said Wednesday. Read more »

MVP says Dennis Uy venture a gateway to China National Oil

Warren de Guzman, ABS-CBN News
Posted at Nov 28 12:10 PM

Manuel V. Pangilinan said he would be "interested to participate" in Dennis Uy's liquefied natural gas project with China National Offshore Oil Corp. Read more »

Philippines shortlists 3 groups for LNG terminal project

Florence Tan, Reuters
Posted at Oct 30 04:24 PM

Short-listed companies were chosen from 18 groups that submitted proposals for the project, Alfonso Cusi told Reuters on the sidelines of the Singapore International Energy Week. Read more »