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Friday, April 26, 2024

AG&P receives first LNG cargo in Batangas hub

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Atlantic, Gulf & Pacific Company said Wednesday it is bringing the Philippines to the global liquefied natural gas center stage after it received the Philippines’ first LNG cargo at its import terminal in Batangas City.

AG&P said the ship-to-ship LNG transfer operation commenced on April 8 between the 162,000-cubic-meter Golar Glacier LNG Carrier and the 15-year chartered ADNOC L&S Japan-built Moss-type ISH, the 137,500 cbm floating storage unit converted by subsidiary GAS Entec.

The FSU is capable of loading LNG at a peak rate of 10,000 cubic meters per hour and a discharge-to-shore peak rate of 8,000 cbm/hr made possible with the modifications done by Gas Entec in the cargo handling and safety system that allows for simultaneous loading and discharge of LNG.

The FSU is part of the AG&P and sister company Linseed Field Corp.’s combined LNG offshore-onshore import terminal in Barngay Ilijan, Batangas City with an initial capacity of 5 million tons per annum.

It will store LNG and dispatch natural gas to power plants such as the 1,200-megawatt Ilijan power plant of San Miguel Corp. in the same area and other customers.

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The terminal has an onshore regasification capacity of 420 million standard cubic feet per day and almost 200,000 cbm of storage.

The hybrid PHLNG terminal is designed to provide its customers with resiliency of supply and high availability even during storms.

Vitol Asia Pte. Ltd., a supply and trading unit of Vitol Group, supplied the LNG cargo to San Miguel Global Power. San Miguel plans to restart operations of the Ilijan power plant by May.

AG&P develops and runs LNG and gas logistics and distribution solutions, providing the infrastructure to access natural gas safely and efficiently in new, growing and developed markets worldwide. It acts as an owner and service provider covering the development, financing, engineering, procurement, project management and construction of onshore and offshore gas infrastructure, linking suppliers to downstream customers. Alena Mae S. Flores

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