Lopez-led First Gen Corp.’s liquefied natural gas (LNG) terminal is on track to be completed by the first quarter of 2023, targeting to make its first gas delivery by the month of July.
First Gen executive president Jonathan Russell said that the LNG facilty may be finished by the end of March nexy year. He added that First Gen would “really need to get into the control systems, which were the things that were delayed because some of those were coming from China, which was affected by very severe lockdown.”
The Department of Energy earlier announced that First Gen’s LNG facility is facing delays due to “events and circumstances not within reasonable control.”
Last month, First Gen announced that Norwegian firm BW LNG, a floating gas infrastructure developer is set to provide LNG storage and regasification services to the company’s existing and planned gas-fired power plants and third-party terminal users.
First Gen’s interim Floating Storage and Regasification Unit (FSRU) and regasification terminal, also in Batangas, has a capacity of 5.26 MTPA and is set to supply the Sta. Rita, San Lorenzo, San Gabriel, and Avion gas plants, as well as the proposed 1,200 MW worth of new natural gas power plants.
First Gen earlier announced that it is looking for LNG suppliers for its requirements from 2023 to 2027.