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First Gen awards LNG contract to Shell Eastern LNG

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ABS-CBN News

<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img alt="A First Gen Corp natural gas plant is shown in this photo from the company" s="" website.="" Handout="" src="https://sa.kapamilya.com/absnews/abscbnnews/media/2020/business/01/14/natural-gas-santa-rita-san-lorenzo.jpg"/><figcaption>A First Gen Corp natural gas plant is shown in this photo from the company&#x27;s website. <em>Handout photo</em></figcaption></figure></div><p>MANILA -- First Gen Corporation on Monday told the Philippine Stock Exchange that it has awarded the first contract for its first liquefied natural gas (LNG) cargo to Shell Eastern LNG.</p><p>Shell Eastern Energy will supply one LNG cargo of about 154,500 cubic meters within the delivery window of August 1 and September 30, 2023.</p><p>This wil be used by First Gen&#x27;s existing gas-fired power plants in Batangas. </p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/business/09/07/22/fgen-lng-to-rename-regasification-unit-to-bw-batangas">First Gen subsidiary to rename regasification unit to BW Batangas</a></li></ul><p>First Gen has a portfolio of four existing gas-fired power plants with a combined capacity of 2,017 megawatts that have been supplied with gas from the Malampaya field.</p><p>The company has also previously announced the signing of a memorandum of understanding with Enrique Razon&#x27;s Prime Infrastructure for the proposed lease and operation of its LNG terminal. </p><p>First Gen and ABS-CBN are part of the Lopez Group of companies.</p><div><em>news.abs-cbn.com is the official news website of ABS-CBN.</em></div><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/business/06/01/23/first-gen-unit-prime-infra-eye-deal-on-gas-facility">First Gen unit, Prime Infra eye deal on gas facility</a></li></ul><div><strong>RELATED STORY:</strong></div><figure class="op-interactive"><iframe allow="autoplay; fullscreen" frameBorder="0" height="100%" id="ivsplayer01" scrolling="no" src="https://player.ivideosmart.com/ivsplayer/v4/dist/html/iframe-src.html?iframeid=ivsplayer01&amp;key=e8c22c015ca9eafa76f1e3edfa03c603&amp;spid=3001339&amp;vid=1654885" width="100%"></iframe></figure><div class="iwantbar">Watch more News on <a href="https://www.iwanttfc.com/#!/browse/Genres/News/tag_id_genres/id_news" target="_blank">iWantTFC</a></div>

First Gen Corporation on Monday told the Philippine Stock Exchange that it has awarded the first contract for its first LNG cargo to Shell Eastern LNG.