Page 11 - AsianOil Week 25 2022

GLNG ASIA GLNG

First Gen requests delay

to Philippine LNG project

PROJECTS FIRST Gen is facing delays in the development The BW Paris has an LNG storage capacity of
of its LNG import project offshore the Philip- 162,400 cubic metres and nominal and peak gas
pines. On June 16 the company said it had asked send-out capacities of 500mn cubic feet (14.2mn
the Philippine Department of Energy (DoE) to cubic metres) per day and 750 mmcf (21.2 mcm)
extend its construction permit for the project by per day respectively. In addition to providing
six months. storage and regasification services, the BW Paris
The extension would see the permit run until is capable of providing ancillary services, includ-
March 2023, compared with September 2022 ing the reloading of LNG into trucks and small-
previously. First Gen said the delay had been scale vessels.
caused by events and circumstances not within First Gen’s LNG import terminal is one of at
its “reasonable control”. It did not provide any least six such projects that have been approved by
further details. the Philippine government today. The country
The company has also requested that deliv- is seeking alternative sources of gas supply to its
ery of the BW Paris floating storage and regas- Malampaya field, which the government antici-
ification unit (FSRU) also be delayed, from the pates running dry by 2027. This is despite the fact
first quarter of next year to the end of the second that the field is currently undergoing a change
quarter or early in the third quarter. The unit will in ownership, with owners Prime Infra Holdings
be delivered by BW Gas, which has agreed to and Udenna exploring possibilities for extending
extend the delivery schedule according to First Malampaya’s life.™
Gen. The companies executed a five-year deal for
the charter of the FSRU last year.

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