Philippines LNG (PHLNG)

OperationalPhilippines·Regasification (Import)

Project Details

CountryPhilippines

LocationBatangas Bay, Luzon Island

Terminal TypeRegasification (Import)

Rig TypeFSRU

Capacity5 mtpa / 6.8 bcm

Trains—

Start Date01-Jan-2023

Cost (US$bn)0.26

Origin—

Destination—

OwnersAtlantic, Gulf and Pacific Company (AG&P) {Philippines}

Buyers—

Status Notes

May 2025 - The project commenced operations in 2023; April 2023 - Atlantic Gulf & Pacific has kicked off commissioning activities at the terminal; In March 2021, Atlantic Gulf & Pacific Company (AG&P) has received approval from the Philippines' energy department to develop the project; Project Cost - PHP14.6bn

Last reviewed: 20 Jul 2026