PHOENIX, CHINA FIRM TO START LNG PROJECT IN 2019

Philippine Daily Inquirer - - BUSINESS - By Ron­nel W. Domingo @RonWDomin­goINQ

An af­fil­i­ate of Phoenix Pe­tro­leum Philip­pines Inc. is look­ing at start­ing con­struc­tion of a liq­ue­fied nat­u­ral gas fa­cil­ity this year and start com­mer­cial op­er­a­tions by 2023 af­ter se­cur­ing a no­tice to pro­ceed from the De­part­ment of En­ergy (DOE).

In a state­ment, Phoenix said Tanglawan Philip­pines LNG Inc. in­tended to build the LNG fa­cil­ity in Batan­gas.

The project will be a joint ven­ture be­tween Phoenix and China’s largest LNG im­porter and ter­mi­nal op­er­a­tor, sta­te­owned CNOOC Gas and Power Group Co. Ltd.

Phoenix chief op­er­at­ing of­fi­cer Henry Al­bert Fadul­lon said Tanglawan planned to break ground by 2019 for the re­gasi­fi­ca­tion and re­ceiv­ing ter­mi­nal with a ca­pac­ity of 2.2 mil­lion met­ric tons a year, with com­mer­cial op­er­a­tions tar­geted to start by 2023.

Fadul­lon said the LNG fa­cil­ity would help sup­port de­mand for a clean and re­li­able en­ergy source in Lu­zon and con­trib­ute to the sus­tain­able de­vel­op­ment of the econ­omy.

“The ter­mi­nal is only stage one of our plans for the fa­cil­ity,” he said. “We will de­velop it to be­come an LNG hub, giv­ing Filipinos ac­cess to low-cost and en­vi­ron­ment-friendly en­ergy sup­ply.”

The COO said the long-term plan was for an in­te­grated project that in­cluded the de­vel­op­ment of a gas-fired power gen- er­a­tion fa­cil­ity “with up to 2,000 megawatts in­stalled ca­pac­ity.”

But in an in­ter­view last De­cem­ber, Fadul­lon said the power gen­er­a­tion com­po­nent was for a gen­er­a­tor com­plex that has six units at 360 MW each, or a to­tal of 2,160 MW.

Last week, Aus­tralian com­pany En­ergy World Corp. (EWC) said the DOE granted an ex­ten­sion of its per­mit to build a sim­i­lar project in Que­zon prov­ince, which is now near­ing com­ple­tion.

EWC’s projects com­prised of two on­shore tanks with a pump ca­pac­ity of 130,000 cu­bic me­ters of LNG each. The fa­cil­ity also has an ac­com­pa­ny­ing power plant com­plex with three gen­er­a­tors ac­count­ing for a to­tal of 650 MWof gen­er­at­ing ca­pac­ity.

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