The Philippines government could select the winner as early as this month for the nation’s first liquefied natural gas hub after years of negotiations, various tender processes and frequent delays, writes Amanda Battersby.
Three contenders are still in the fray according to several industry sources. They are Tanglawan Philippines LNG, a joint venture between China National Offshore Oil Corporation (CNOOC) and local company Phoenix; Tokyo Gas with Philippines player First Gen; and the Philippine National Oil Company (PNOC).
The Department of Energy is understood to have come up with a short-list of three, whittled down from 18 proposals, some of which were said by sources to have not complied with submission criteria.
