State-owed Philippine National Oil Co. (PNOC) plans to start construction of the offshore wind integration port in Batangas province late this year, with completion eyed in late 2027.
PNOC senior vice president for energy investments Rowena Raymundo said the company would develop the port by itself or with a private partner.
She said PNOC was also looking at a straight lease purpose as another option.
“PNOC has been actively exploring for the most suitable, feasible, and fastest way to have the offshore wind port ready for use by OSW developers,” Raymundo said.
She said the OSW port is estimated to cost $100 million to construct, and the original plan was to repurpose the PNOC property in Batangas.
“At present, we are looking at another property, also in Batangas, which we feel may be even more suitable is bigger and flatter,” Raymundo said.
She said PNOC could allocate its own funds, but “we believe partnership with private investors with proven track record in OSW port development would be most ideal.”
PNOC and the provincial government of Batangas signed a memorandum of understanding (MOU) on March 13, 2025, to explore the development of an OSW port in the province.
PNOC said that through the initiative, both parties would engage in scoping and feasibility studies, technical assessments and data-sharing efforts to assess the viability of OSW port.
It also highlights their commitment to securing necessary permits, collaborating with industry stakeholders, and identifying other potential areas for cooperation.
The port will offer warehousing and logistical support to OSW projects. It has the potential to serve 24 OSW energy service contracts in Batangas and Mindoro area, with a combined potential capacity of 21,555 megawatts.