Government getting private sector help for LNG Facility project

Government getting private sector help for LNG Facility project

The Department of Energy (DOE) is seeking help from the private sector for the integrated facility project for liquefied natural gas (LNG).

This is after the Philippine National Oil Co. (PNOC) has not yet submitted a report evaluating offers from foreign countries to develop the said LNG facility.

“Yes, we will open (the project to the private sector) to get what is really beneficial for the country,” DOE secretary Alfonso Cusi said, according to a report by Business Mirror.

Proposals from China, Japan, South Korea, Indonesia, Singapore, and the United Arab Emirates were received for the LNG Facility, PNOC technical adviser Arwin L. Ardon said.

But according to Cusi: “Wala paHindi pa sila nakakapili.”

PNOC was supposed to submit a recommendation to the DOE by July-end.

However, the energy department still eyes the groundbreaking of the LNG project next year.

Hahabulin namin ‘yan. Mas importante that we do it properly para sigurado na matatapos so we can ensure its completion),” Cusi said.

The LNG was supposed to be a government to government project. But the PNOC was bombarded by proposals from different entities.

The LNG Facility is one of the many components of the LNG “mega project.” It will have a gas facility producing five million tons per year. The power plant will have an initial capacity of 200 megawatts, but it’s scalable to 1,000 MW.