PHILIPPINE POWER producer First Gen Corp. said on Friday it decided to award the tender to procure a single cargo of liquefied natural gas to Shell Eastern Trading (Pte) Ltd., for delivery between Aug. 1 and Sept. 30.
In a statement, First Gen, which is set to commission its floating storage and regasification unit (FSRU) in Batangas province in September, said the cargo will be utilized by its existing gas-fired power plants currently running on Malampaya natural gas.—Reuters
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