Published April 5, 2017, 10:01 PM By Myrna M.
Velasco
Filipino firm AG&P will bring in
to market its plug-and-play solutions for the growing liquefied natural gas
(LNG) industry.
The company said it will have these
packages of solutions built at its planned 150-hectare manufacturing facility
in Batangas.
In the end, the company noted that
such modular-designed devices would be able to “drive down costs, accelerate
delivery schedule and enable last-mile supply to LNG demand centers.”
AG&P said it is targeting
deployment of such solutions to key markets such as Southeast Asia, South Asia
and the Caribbean.
It noted that these designs are
beneficial on: scalable LNG delivery platform or vessel; and on modular
regasification unit.
According to AG&P President
Albert Altura, “standardization and modular solutions will be the
circuit-breaker that will bring projects online.”
He added such developments would
enable “the switch to LNG as a clean and affordable energy source.”
The Philippines is still treading
its way into LNG platform for its power industry – but this is seen getting
more relevant with the much-anticipated depletion of gas reserves at the
Malampaya field by 2024.
The government, however, is still
exploring suitable regulatory and policy frameworks that will ensure the
viability of LNG into the country’s energy future.
Even the design of facilities that
could perfectly fit the country’s gas market needs is still under serious
consideration by energy planners and policy framers.
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