First Gen Corporation Secures a 25-Year Permit for Batangas LNG Terminal from DOE

​FGEN LNG Corporation (FGEN LNG), a wholly-owned subsidiary of First Gen Corporation (First Gen), has received from the Department of Energy (DOE) a Permit to Operate and Maintain (POM) for its Interim Offshore LNG Terminal located in the First Gen Clean Energy Complex in Batangas City, Philippines.

The POM authorizes the operation of the Project for its own-use and is valid for a period of twenty-five (25) years.

The Project consists of a Multi-Purpose Jetty and an Onshore Gas Receiving Facility representing the initial phase of the FGEN LNG Terminal that was previously declared by the Energy Investment Coordination Council through the DOE as an “Energy Project of National Significance” under Executive Order No. 30.

“We are thankful to Secretary Raphael P. M. Lotilla and the Downstream Natural Gas Review and Evaluation Committee for the support and guidance provided throughout this process, and for issuing the POM. Last year, the Project has enabled introduction of LNG to supplement Malampaya to ensure energy security especially during the past summer,” said Giles B. Puno, President of First Gen.

In line with the thrust of the DOE’s Philippine Energy Plan 2023-2050, the Project will support the introduction of more natural gas plant generation that will serve as the bridge fuel and offer flexible power generation to support the introduction of more intermittent RE in the country.

First Gen is a leading independent power producer in the Philippines that primarily utilizes clean and indigenous fuels such as natural gas, geothermal energy from steam, hydroelectric, wind, and solar power. The Company has 3,668MW of installed capacity in its portfolio, which approximately accounts for 20% of the country’s gross generation. First Gen is a subsidiary of First Philippine Holdings Corporation, one of the most established conglomerates in the Philippines, and has over 20 years of experience in power development. It is part of the Lopez Group of Companies.