October 31, 2018 | 12:01 am
SINGAPORE — The
Philippines have short-listed three different groups of companies to build and
operate its first liquefied natural gas (LNG) import terminal, a senior energy
official said on Tuesday.
The companies were
chosen out of 18 groups which submitted proposals for the project, Secretary of
Energy Alfonso Cusi told Reuters on the sidelines of the Singapore
International Energy Week.
The Philippines
National Oil Company (PNOC) is one of the bidders and it is seeking a partner
for the project, he said, while Tokyo Gas has partnered the Philippines’ First
Gen Corp.
China National Offshore
Oil Corp. (CNOOC) is also in the running although it has yet to firm up a local
partner, Cusi said. CNOOC was previously in talks with the Philippines’ Phoenix
Petroleum as a partner, he added.
“Hopefully we can have
a conclusion on which proposal to accept by the end of November,” Cusi said. — Reuters
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