(The Philippine Star) | Updated July 24, 2016 - 12:00am
MANILA, Philippines – A
virtual liquefied natural gas (LNG) pipeline could bridge the capacity demand
in Southeast Asia, particularly in the Philippines, infrastructure solutions
provider Atlantic, Gulf and Pacific Co. (AG&P) said.
During the fourth
annual Power and Electricity Philippines conference, AG&P president Albert
Altura said there is considerable opportunity for LNG to become a major energy
source in the region, particularly for ‘stranded’ markets that are either
inaccessible or too small to be feasibly served by the current power supply
model.
“Our virtual LNG
pipeline comprises a network of smaller-scale economical delivery systems
including vessels, re-gasification terminals and smaller power plants,” he
said.
“These customized
LNG solutions accelerate construction, require less upfront investment and
offer faster and broader delivery. We are already seeing considerable demand
for these products and anticipate this continuing in the next few years,”
Altura said.
The Philippines, in
particular, provides a unique challenge for the distribution of energy to 100
million people living across 7,000 islands, the company said.
It said traditional
power delivery models are often too bulky to be viable to meet relatively
smaller-scale energy requirements.
“AG&P has
both the technical leadership and expertise to deliver affordable,
de-centralized clean power solution across Philippines,” Altura said.
Last May, AG&P
introduced a “bite-sized” LNG solution to provide a supply chain for local and
regional developers eyeing to build small-scale LNG projects.
The company offers
small-scale LNG solutions, including floating storage, regasification and
power, provide power plants tailored to the archipelago, from even five
megawatts all the way up to traditionally-sized plants.
Currently, the company
is in talks with potential off-takers which include small-scale developers of
LNG power plants and large scale tankers.
AG&P said
small-scale LNG provides a clean solution without the soot and contaminants of
old coal.
With the recent
decrease in the cost of LNG, such technology is now not only viable, but also
strongly commercial. it added.
No comments:
Post a Comment