Excelerate get approval for Bay of Batangas FLNG

Excelerate get approval for Bay of Batangas FLNG

Texas-headquartered Excelerate Energy has received approval from the Philippine Department of Energy (DOE) to proceed with a floating LNG import terminal in the Bay of Batangas.

The project, named Luzon LNG, will supply LNG to gas-fired power plants in the region that provide electricity to Luzon, including Metro Manila.

Daniel Bustos, chief commercial officer of Excelerate Energy, commented: “We look forward to working with the government and private sector for the successful completion of the project that will enable Excelerate to invest in critical infrastructure allowing the country to continue on its current path of tremendous economic growth.”

Excelerate will develop, design, permit, construct, finance, and operate the terminal.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

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1 Comment

  1. Avatar
    SM
    September 30, 2019 at 6:46 am

    FLNG or FSRU?
    If it’s import terminal?