The country’s first integrated liquefied natural gas facility is expected to start construction early next year, after the Energy Department received joint venture offers from investors in Japan, China, Russia, Korea and Indonesia.
Energy Secretary Alfonso Cusi said the government was presently looking at a government-to-government arrangement for the planned “common carrier” LNG receiving and distribution infrastructure.
“Japan, China, Russia, Korea including Indonesia were able to make it. They have shown great interest but it doesn’t mean we have shortlisted. But we are evaluating all proposals,” Cusi told reporters during the launch of the “E-Power Mo!” campaign.
Cusi is set to meet with the board of state-owned Philippine National Oil Co. which is tasked to put up the LNG facility in Batangas on Friday.
“We are going to meet PNOC board with management to submit all of these proposals so we can evaluate them,” the energy chief said.