LNG hub to rise in Quezon
By Amy R. RemoHong Kong-based Energy World Corp. Ltd. is set to complete within the first quarter next year a liquefied natural gas (LNG) hub in Quezon.
Hong Kong-based Energy World Corp. Ltd. is set to complete within the first quarter next year a liquefied natural gas (LNG) hub in Quezon.

The Department of Energy is pursuing talks with natural gas firms from Canada and Brunei for possible investments in the local natural gas sector, in preparation for the expected exhaustion of the reserves at the Malampaya gas field off Palawan by 2024
STANDARD & Poor’s Ratings Services expects natural gas prices to remain “regionalized” over the next few years, which would allow existing gas producers to continue enjoying a “favorable pricing power.”

Pilipinas Shell Petroleum Corp. has expressed willingness to help the government curb the rampant oil smuggling in the country, which has been hurting the government through foregone revenue of up to P60 billion a year.

Manila Electric Co., the country’s biggest power distributor, is planning to build a liquefied natural gas (LNG) power plant in Atimonan, Quezon, as part of plans to help secure the growing electricity requirements within its franchise area.
SEPANG, Malaysia—Royal Dutch Shell is going over its prospects whether it needs to take part in the planned $2.1-billion Batangas-Manila (BatMan 1) natural gas pipeline project of the Philippine government, since it can help support its proposed liquefied natural gas (LNG) project in the country. In an interview at the sidelines of the Shell Eco-Marathon [...]

The Pilipinas Shell Petroleum Corp. has committed to explore the potential of putting up an import regasification terminal for liquefied natural gas (LNG) in the Philippines, adjacent to its existing refinery facility in Tabangao, Batangas.
UK–based Forum Energy Plc is seeking potential partnerships to accelerate the exploration and development of the Sampaguita gas discovery within the Reed Bank basin. Robert Nicholson, executive chair of Forum Energy, said he expected the completion of the company’s first sub-phase work program for Service Contract 72 to give them “significant additional information.” This data, [...]