THE Philippine National Oil Co. (PNOC) is evaluating six proposals from six countries to build an integrated liquefied natural gas (LNG) facility estimated to cost $2 billion ahead of submitting these to the Department of Energy (DoE) by month’s end, an official of the company said.
THE Department of Energy (DoE) has listed five countries that have shown “great interest” in participating in the government’s plan to build an integrated facility for liquefied natural gas (LNG), which it targets to finish during the current administration.
ENERGY Secretary Alfonso G. Cusi said his department is looking at the construction of a common liquefied natural gas (LNG) receiving and distribution infrastructure, which he said could help make the country an “LNG hub” for Southeast Asia.
THE feed-in-tariff allowance, a fund collected from electricity consumers and given to renewable energy developers, is among the energy-related outlays that the Department of Energy (DoE) is considering for the P3-billion aid extended by the European Union (EU).
THE Department of Energy (DoE) is looking at building a 200-megawatt (MW) plant that runs on liquefied natural gas (LNG) as a backup facility that can be run during times of supply shortage, which recently happened when several power plants went on a forced outage while others were on a scheduled maintenance shutdown.
KUALA LUMPUR, Malaysia (AP) – Malaysian national oil company Petronas has announced a multibillion dollar plan to extract, liquefy and export natural gas in western Canada to energy-hungry markets in Asia, officials said. Arif Mahmood, Petronas’ vice president of corporate planning, said between $9 billion and $11 billion would be invested to construct two LNG liquefaction plants. Target date for the project’s completion is late 2018. The site will be designed with the potential to add a third plant and LNG storage tank, the company said on its website. Another $5 billion will be invested in a pipeline 750 kilometers (466 miles) long, to be built and operated by TransCanada Corp., to supply gas to the plants, Arif confirmed in an e-mail to The Associated Press. The Pacific NorthWest LNG project, located on Lelu Island in the Port Edward district in British Columbia, will liquefy and export natural gas produced by Progress Energy Canada, which Petronas also owns. Separately, Progress Energy Canada said it plans to spend “several billion dollars on activities related to natural gas extraction.” Business ( Article MRec ), pagematch: 1, sectionmatch: 1 This will bring the total project cost to around $20 billion, the company said by email through a representative. Petronas recently sold a 10-percent stake in the gas facility to Japan Petroleum Exploration Co. to secure its first long-term buyer, and is hunting for more buyers.