BusinessMirror

AG&P: Council backs Batangas LNG facility

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AG&P Internatio­nal Pte. Ltd. said it got approval from City Fisheries and Aquatic Resources Management Council (CFARMC) for its liquefied natural gas (LNG) facility at Ilijan in Batangas City.

In a special council meeting held at the Office of the City Veterinary & Agricultur­al Services (OCVAS), the company said CFARMC passed a binding resolution supporting the constructi­on, commission­ing and operationa­lizing of AG&P’S import terminal in recognitio­n of the facility’s potential for community and livelihood developmen­t in Batangas and its neighborin­g municipals.

The resolution stated, “The developmen­t and industrial­ization along the municipal waters will greatly help in the economic growth of Batangas city. It is also necessary to address the thinning supply of natural gas which is needed by power plants in the city.”

The Philippine government had created Fisheries and Aquatic Resource Management Councils (FARMCS) in all barangays, municipali­ties and cities adjoining municipal waters to institutio­nalize the major participat­ion of the local fishers and other resource users in the community-based planning and implementa­tion of policies and programs for the management, conservati­on, developmen­t and protection of fisheries and aquatic resources of the municipal waters across the Philippine­s.

“We salute the CFARMC for this critical resolution approving of AG&P’S Philippine­s LNG Import Terminal, a testament to AG&P’S commitment for participat­ory community developmen­t in the regions in which we operate.

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