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Saturday, April 27, 2024

First LNG cargo arrives at AG&P import terminal in Batangas Bay

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Atlantic Gulf & Pacific’s Philippines LNG on Thursday welcomed to its import terminal the country’s first liquefied natural gas cargo carrier.

The 137,500-cubic-meter ISH floating storage unit is now berthed in Batangas Bay, according to AG&P.

AG&P said in a statement the ADNOC Logistics & Services LNG carrier, ISH, began commissioning as FSU at PHLNG, the first operational LNG terminal in the Philippines and the first modular LNG terminal in the world.

The LNG will be used to initially power San Miguel Corp.’s 1,200-megawatt gas-fired power plant to serve Luzon’s power requirements.

“With the docking of the ISH at PHLNG for the next decade or longer, AG&P is proudly set to open the first LNG terminal in the Philippines called PHLNG, one with both floating and, shortly, almost equal onshore tank storage, providing near 100 percent availability,” AG&P chairman and chief executive Joseph Sigelman said.

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PHLNG is seen as a landmark development that will kick-start the Philippines’ LNG importation and regasification ability, delivering gas to secure the country’s current and future energy demand.

It is expected to accelerate industrialization, create jobs, lower pollution and trigger overall economic and social progress and improve the quality of life of thousands of Filipinos.

“As the first cargo of fuel originated in Abu Dhabi and with the long-term presence of the ISH, ADNOC L&S is playing a pivotal role alongside AG&P and San Miguel, our anchor customer, in bringing clean energy to the Philippines,” Sigelman said.

He said the PHLNG is a prime case study of good relationship between the UAE and the Philippines.

AG&P subsidiary, GAS Entec, converted the ADNOC L&S Japan-built Moss-type ISH to the 137,500 cbm FSU in five months.

GAS Entec executed key onshore and offshore components including full EPC of proprietary standard regasification modules for the PHLNG terminal, called the RegasTainers, suitable for plug-and-play operations.

ADNOC L&S will undertake the supply, operations and maintenance of the FSU as part of its long-term chartered agreement with AG&P.

AG&P’s fully-owned subsidiary, AG&P Industrial, specializing in project delivery, undertook the full spectrum of engineering, procurement, fabrication, construction, installation and commissioning of the PHLNG terminal and will be responsible for its operations and maintenance.

AG&P Industrial operates a world-class manufacturing site in Batangas with deep-water access and 60,000 metric tons of annual module assembly capacity.

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