Samat seeks DOE nod for LNG terminal

BY LENIE LECTURA – AUGUST 3, 2022
from Business Mirror

The Department of Energy (DOE) has received an application from Samat LNG Corp. to proceed with its plan to put up a liquefied natural gas (LNG) terminal in Mariveles, Bataan.

“The company is seeking the necessary regulatory approvals and investment incentives which will enable to proceed with the development and construction of the Mariveles LNG Terminal together with the marine jetty, trucking operations and satellite installations and all related activities to bring LNG securely and safely to all of its customers for the long term,” the company said on its web site.

A check with the DOE confirmed that Samat LNG applied for a Notice to Proceed (NTP) with the agency.

“It’s a new applicant so they filed for an NTP,” said DOE Director for Oil Industry Management Bureau Rino Abad.

Should it proceed with its LNG plans, Samat Mariveles LNG said it would be the first small scale LNG terminal in the country. The proposed terminal would be designed to handle approximately 200,000-400,000 tons of LNG annually.

The company is led by its president and founder Captain Roy Watson, who is based in Manila.

Samat LNG was established in 2020 in the Philippines to develop, own and operate LNG import terminals together with the receiving, storage, distribution and wholesale marketing of LNG into the Philippines primarily to industrial and commercial customers for power supply and transportation fuel.

Six LNG projects have already secured the green light of the DOE. These are FGEN LNG Corp.’s Interim FRSU (Floating Storage Regasification Unit)  and LNG terminal; Linseed Field Power Corp.’s FSRU and onshore regasification; Energy World Corp.’s LNG storage and regasification terminal project, the FSRU LNG terminal of Excelerate Energy L.P., the FSRU terminal project of Shell Energy Philippines Inc., and the FSRU terminal of Vires Energy Corp.

First Gen said last June that it has requested the DOE to extend the validity of its permit to build its LNG offshore terminal to March 23, 2023 from September 23, 2022.

The LNG project of Linseed, meanwhile, could be commissioned within the year.