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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Philippines' First Gen FSRU Receives Maiden Cargo
First Gen’s BW Batangas FSRU has returned to Batangas Bay in the Philippines after receiving its first cargo, according to ICIS.
- The cargo was received via ship-to-ship transfer in Subic Bay, to the North of the FSRU’s primary location.
- First Gen will use the FSRU to regasify LNG and feed it to local power plants and customers.
- The Philippines is moving towards LNG imports for power generation as output from its Malampaya gas field in the South China Sea is expected to be depleted by 2027.
- A total of seven LNG terminals have been approved for commissioning, with three set for operations in 2023.
- Completing all seven terminals would increase the country’s LNG import capacity to 22m mtpa.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.