First Gen to expand gas market to Vis-Min

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Belgique Dernières Nouvelles,Belgique Actualités

Lopez-owned firm First Gen Corporation will be expanding the country’s liquefied natural gas (LNG) market not just in the Luzon grid, but all the way to end-users in Visayas and Mindanao.

In an interview on the sidelines of the CWC Asia Pacific LNG Summit here, First Gen Executive Vice President and Chief Commercial Officer Jon Russell indicated that the targeted market expansion could start with smaller end-users in the two other islands – those opting to shift fuel use of their electricity supply.

The transport of gas to Visayas and Mindanao as well as targeted expansion in Luzon, he explained, can be done two-pronged: One could be via road tankers; and through small ships to bring LNG to the two major islands. Russell emphasized that catering to smaller end-users could start with 1,000 cubic meter-vessels; while adding that “the actual logistics, we need to work on it – so that’s where we’re starting to focus on right now.”

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Belgique Dernières Nouvelles, Belgique Actualités