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Power producer First Gen has awarded a contract to a unit of Japan’s Tokyo Gas to supply one liquefied natural gas (LNG) cargo to its FSRU-based terminal in Batangas, Philippines.
The award of the LNG cargo follows an international tender issued by First Gen last month.
Japan’s city gas supplier and LNG importer Tokyo Gas and First Gen are partners and the Japanese company recently entered into a deal to buy a 20 percent stake in First Gen LNG, a unit of First Gen and the operator of the FSRU-based terminal in Batangas.
According to a statement by First Gen, TG Global Trading will supply one LNG cargo of about 125,000 cbm in July on a DES basis to the company’s unit, FGEN Singapore.
The unit of Tokyo Gas will deliver the shipment to the 162,000-cbm FSRU BW Batangas, owned by BW LNG and chartered by First Gen, that is currently berthed at the First Gen Clean Energy Complex (FGCEC) in Batangas City.
FGEN will use the supplies for its existing gas-fired power plants, also located in the complex.
The company has a portfolio of four gas-fired power plants with a combined capacity of 2,017 MW that have been supplied for many years with gas from the Malampaya offshore gas field.
It is now buying LNG to replace declining volumes from the Malampaya gas field.
This is the sixth tender First Gen issued since last year and the fifth LNG shipment for the FSRU-based terminal.
Prior to this tender, First Gen launched a tender for delivery in May, while the fourth tender was not awarded as First Gen did not get firm commitment from Manila Electric regarding the costs of the LNG supply.
In April, First Gen awarded a contract to a unit of China’s state-owned energy giant CNOOC to supply one LNG cargo to its FSRU-based terminal in Batangas.
First Gen said that CNOOC Gas and Power Trading & Marketing will supply one LNG cargo of about 130,000 cbm in May on a DES basis to the company’s unit, FGEN Singapore.
As reported by LNG Prime on May 24, the 2014-built 160,000-cbm, Kool Frost, owned by CoolCo, has delivered this cargo to the FSRU BW Batangas.
Moreover, the LNG carrier brought the cargo from the Australia Pacific LNG export terminal on Curtis Island near Gladstone.
First Gen also confirmed this in a statement issued on May 27 saying this is the fourth LNG shipment contracted by First Gen over the past 12 months.
Shell suppled the first LNG cargo for commissioning purposes to First Gen’s FSRU-based LNG terminal in August last year, while Trafigura and TotalEnergies supplied the second and the third cargo.
Besides spot LNG supplies, First Gen is also in talks to secure LNG deliveries in the medium to long-term.
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The post Tokyo Gas to supply LNG cargo to First Gen’s Batangas FSRU terminal appeared first on Energy News Beat.
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