spot_img
28.9 C
Philippines
Saturday, April 20, 2024

Samat LNG planning to build gas terminal

- Advertisement -

Samat LNG Corp. has applied for a notice with the Department of Energy (DOE) to proceed with its planned liquefied natural gas (LNG) terminal in Mariveles Bataan, the country’s first small-scale LNG facility.

“We have a new applicant for approval of (the energy secretary), which is Samat Energy,” said DOE Director for Oil Industry Management Bureau Rino Abad.

The notice to proceed is a requirement of the department’s Philippine Downstream Natural Gas Regulation.

It is a step that allows a proponent to acquire of permits or clearance from other government agencies and complete the financial closing related to the proposed downstream natural gas facilities.

Samat LNG was established in 2020 to develop, own and operate LNG import terminals, along with the receiving, storage, distribution and wholesale marketing of LNG to industrial and commercial customers.

- Advertisement -

LATEST NEWS

Popular Articles