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    Brunei May Put Up LNG Facilities in Philippines

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Summary

The energy ministry of Brunei Darussalam has expressed interest to put up liquefied natural gas (LNG) facilities in Mindanao.

by: Shardul

Posted in:

Asia/Oceania

Brunei May Put Up LNG Facilities in Philippines

The energy ministry of Brunei Darussalam has expressed interest to put up liquefied natural gas (LNG) facilities in Mindanao, including the construction of a 300-megawatt gas-fired power plant to serve as an anchor load.

Philippines had invited Brunei to “have a serious look at the LNG prospects in Mindanao” during the 20th Asia Pacific Economic Cooperation (Apec) leaders’ summit in Vladivostok, Russia, earlier this month, Philippine Daily Inquirer reported. .

Should the proposed investments push through, the LNG project in Mindanao would be a first for the island and the first foray of the Brunei government into LNG downstream investments outside its country.