Samat LNG seeks DoE nod

SAMAT LNG Corp. sought approval from the Department of Energy (DoE) to proceed with the development and construction of a liquefied natural gas (LNG) terminal in Mariveles, Bataan.

Rino E. Abad, director of the DoE’s Oil Industry Management Bureau confirmed to BusinessWorld by phone that Samat LNG had applied for a notice to proceed (NTP) with the department.

Mr. Abad said that the company’s application is still awaiting the approval of Energy Secretary Raphael P.M. Lotilla.

On its website, Samat LNG said it “is seeking the necessary regulatory approvals and investment incentives which will enable it to proceed with the development and construction of the Mariveles LNG Terminal together with the marine jetty.”

Samat LNG said that the Mariveles LNG terminal is designed to handle approximately 200,000 to 400,000 tons of LNG per year and will be the first small-scale LNG terminal in the Philippines.

The company was established in 2020 to develop, own and operate LNG import terminals together with the receiving, storage, distribution and wholesale marketing of LNG in the Philippines. — Ashley Erika O. Jose