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Wednesday, May 15, 2024

First Gen awards LNG cargo supply to Shell Eastern LNG

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irst Gen awards contract to Shell Eastern LNG for its first LNG cargo following a successful international tender and completes the berthing of the BW Batangas at FGEN LNG’s Interim Offshore Terminal Project

Lopez-led First Gen Corp. disclosed on Monday that it has concluded its international tender for its first liquefied natura gas cargo by awarding a contract to Shell Eastern Trading (Pte.) Ltd. (trading as Shell Eastern LNG) on July 7.

Shell Eastern LNG will supply one LNG cargo of approximately 154,500 cubic meters within the required delivery window of August 1 to September 30, 202 to FGEN’s wholly-owned subsidiary, First Gen Singapore Pte. Ltd.

Meanwhile, FGEN LNG Corp., a wholly-owned subsidiary of First Gen achieved a significant project milestone with the successful mooring and securing of the BW Batangas floating storage regasfication unit or FSRU at the FGEN LNG terminal in Batangas.

BW Batangas is expected to remain in Batangas until it is required to depart for Subic Bay to collect the first LNG cargo that will be delivered by Shell Eastern LNG.

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