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Wednesday, April 24, 2024

AG&P gets Batangas council’s approval for LNG terminal

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AG&P International Pte. Ltd. , a liquefied natural gas terminal and downstream infrastructure company, said Wednesday it received the approval of the City Fisheries and Aquatic Resources Management Council for its LNG terminal facility in Ilijan, Batangas.

AG&P said in a statement the CFARMC passed a binding resolution supporting the construction, commissioning and operationalizing of AG&P’s PHLNG import terminal in recognition of the facility’s potential for community and livelihood development in Batangas and its neighboring municipals.

 “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 resolution read.

CFARMC acknowledged AG&P PHLNG import terminal’s contribution towards jobs generation and sustainable progress in the province.

The government created Fisheries and Aquatic Resource Management Councils in all barangays, municipalities and cities adjoining municipal waters to institutionalize the major participation of the local fisherfolks 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.

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AG&P Group senior vice president for strategic services Anupam Ahuja said CFARMC’s critical resolution approving of the LNG import terminal is a testament to the company’s commitment for participatory community development in the regions in which it operates.

“We will work in collaboration with CFARMC towards our shared responsibilities for our fishing communities to enable diverse livelihood and income opportunities, while simultaneously bringing clean energy into the country and improving the quality of life for many thousands of Filipinos,” said Ahuja.

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