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Philippines clears development of

seventh LNG import project

PHILIPPINES AUTHORITIES in the Philippines announced 2027.
on January 27 that they have greenlit the devel- Samat LNG expects to bring its terminal into
opment of a $67mn small-scale LNG import commercial use in the first half of 2025. It will
terminal to provide a source of fuel for power be capable of bringing ashore 200,000-400,000
generation. It is the seventh such facility to be tonnes per year (tpy) of LNG, for use at small-
approved. scale power plants in the area, as well as manu-
In a statement, the Philippines’ Department of facturing plants and in the transportation sector. The Philippines
Energy (DOE) said it had issued a notice to pro- Three such terminals that have been approved
ceed to Samat LNG Corp., which intends to build by the government are due to come online this is looking to
the terminal in the Mariveles municipality in Bat- year. Among the developers are Singapore-based
aan Province, some 60 km north of the country’s Atlantic, Gulf and Pacific, and the Philippines’ expand LNG-to-
capital Manila. First Gen Corp. A terminal being developed by
The Philippines is looking to expand LNG-to- Australia’s Energy World Corp is nearing com- power capacity
power capacity to 3 GW over the coming years, pletion. Linseed Field Corp. is aiming to com- to 3 GW over the
to offset production decline at the Malampaya gas plete its first integrated LNG import terminal
field in the South China Sea. The field is due to in March, with commercial operation slated to coming years.
reach depletion by 2027. begin in April.
At the same time, the country is looking to Philippine authorities have rejected that the
ramp up domestic exploration for gas, to meet government’s embrace of LNG will deter the
growing power demand and phase out coal. development of renewables, arguing that gas-
The Philippines has turned its attention to the fired power generation can serve as a baseload
LNG market as the Malampaya gas field in the source of electricity to support the deployment
South China Sea is anticipated to be depleted by of renewables that is cleaner than coal.™

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