First Gen taps foreign firm for LNG project

By The Manila Times

Jun 04, 2021 12:54 am

First Gen Corp. said on Thursday its wholly-owned subsidiary FGEN LNG Corp. inked a 10-year time charter party with Denmark-based Svitzer for its liquefied natural gas (LNG) terminal in Batangas City.

In a disclosure, the Lopez-led company said the accord covers towage and other vessel support services requirements of its planned Interim Offshore LNG Terminal Project located at the First Gen Clean Energy Complex.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

Higher Q4 growth seen; 2024 target likely missed

Strong rally unlikely ahead of economic growth results

Fed expected to pause in first meeting under Trump

2024 foreign borrowing approvals fall to $13.68B

AstraZeneca wants to do clinical trials in PH – Roque

BOI fast-tracks 179 projects worth P4.55T

DA allots P3 billion for cold-storage facilities