Pagbilao Grande Island LNG Terminal
| Part of the Global Gas Infrastructure Tracker, a Global Energy Monitor project. |
Pagbilao Grande Island LNG Terminal, also known as P9B Terminal and Quezon LNG, is a shelved (inferred 2 y) LNG import terminal in Philippines.
Location
Table 1: Location details
| Name | Location | Coordinates (WGS 84) |
|---|---|---|
| Pagbilao Grande Island LNG Terminal | Pagbilao Grande Island, Quezon, Philippines[1][2] | 13.966667, 121.7 (approximate) |
The map below shows the approximate location of the terminal:
Project Details
Table 2: Infrastructure details
| Name | Facility type | Status | Capacity | Total terminal capacity | Offshore | Associated infrastructure |
|---|---|---|---|---|---|---|
| Pagbilao Grande Island LNG Terminal | import[3] | shelved (inferred 2 y) | 3 mtpa[4] | 3.0 mtpa | False | Pagbilao Combined Cycle power station[2] |
Table 3: Cost
| Name | Facility type | Cost | Total known terminal costs |
|---|---|---|---|
| Pagbilao Grande Island LNG Terminal | import[3] | – | – |
Financing
No financing data available.
Table 4: Project timeline
| Name | Facility type | Status | Proposal year | FID year | Construction year | Operating year | Inactive year |
|---|---|---|---|---|---|---|---|
| Pagbilao Grande Island LNG Terminal | import[3] | shelved (inferred 2 y) | – | – | 2020[5] | 2028[1][6] | 2023 (shelved) |
Ownership
Table 5: Ownership
| Name | Facility type | Status | Owners | Parent companies | Operator |
|---|---|---|---|---|---|
| Pagbilao Grande Island LNG Terminal | import[3] | shelved (inferred 2 y) | Energy World Corp Ltd [100%][3][2] | Energy World Corp Ltd [100.0%] | Energy World[3][2] |
Background
The Energy World Corporation of Hong Kong is planning a regasification terminal on Grande Island in Pagbilao, Luzon. They intend to build a 1.5 mmtpa onshore regasification terminal in the first phase with expansion plans to double the capacity in the second phase.[7]
Energy World received a permit for the terminal in 2011, which was extended in 2015. Initial construction work has begun, according to Energy World. Plans include a gas plant at the site.[8]
After several years of delays the project was again permitted for construction by the Philippine Department of Energy in January 2019.[9]
The 3 MTPA Pagbilao LNG terminal is being developed by Energy World Corporation in Quezon Province. The terminal would be connected to a 650 MW gas-fired power plant. The project could start operations by 2022,[10] though it has also been reported that 2024 may be the start date due to ongoing delays being experienced by Energy World with Philippine regulators. As of the end of 2020, the terminal construction was reported to be 90 percent complete.[11]
As of September 2021, construction was reportedly 80% complete.[12]
According to the 2025 IGU report, released in May 2025, the terminal is still under construction and has a start year of 2028.[13] However, with no updates in over four years, and considering Energy World's record of providing misleading construction updates (see Sengkang LNG Terminal), the project is retroactively inferred to be shelved as of 2023, until further evidence emerges that it is actively in development.
Financing
Following Energy World Corporation's agreement in September 2015 Philippines Development Bank, Landbank of the Philippines, and the Asia United Bank for a PHP6.75 billion (US$150 million equivalent) loan facility, the company has been unable to draw down the loan due to its long-standing failure to connect the associated gas plant to the main Luzon grid. Drawdown of the loan is contingent on Energy World meeting 49 conditions, of which 48 have been achieved. Grid connection is the last precedent that Energy World Corporation must complete before accessing the loan. As a result of repeated delays, Energy World Corporation has lost money and investor confidence. Its stock price, listed on the Australian Stock Exchange, has plummeted from over 40 cents per share in July 2017 to below 9 cents in January 2021.[14]
The project is believed to have recieved two US$16 million loans - one from Standard Chartered Bank, one form landbank of the Phillipines - which closed in 2016, and repaid them in 2023. The project also received unknown equity financing from Energy World Corporation.[15][16]
Articles and Resources
Additional data
To access additional data, including an interactive map of LNG terminals, a downloadable dataset, and summary data, please visit the Global Gas Infrastructure Tracker on the Global Energy Monitor website.
References
- ↑ 1.0 1.1 https://www.pressreader.com/philippines/manila-bulletin/20200826/281809991276603.
{{cite web}}: Missing or empty|title=(help) - ↑ 2.0 2.1 2.2 2.3 https://web.archive.org/web/20220811100737/http://www.energyworldcorp.com/projects.php. Archived from the original on 2022-08-11.
{{cite web}}: Missing or empty|title=(help) - ↑ 3.0 3.1 3.2 3.3 3.4 3.5 http://bit.ly/2mnYw5Y.
{{cite web}}: Missing or empty|title=(help) - ↑ (PDF) https://www.datocms-assets.com/146580/1736938573-2024-world-lng-report.pdf.
{{cite web}}: Missing or empty|title=(help) - ↑ https://businessmirror.com.ph/2020/12/30/is-the-government-serious-in-having-green-power-in-our-energy-mix/.
{{cite web}}: Missing or empty|title=(help) - ↑ (PDF) https://www.datocms-assets.com/146580/1749457104-igu-world-lng-report-2025-hr_dp.pdf.
{{cite web}}: Missing or empty|title=(help) - ↑ Pagbilao - LNG regas terminal, Wood Mackenzie, July 2014
- ↑ Appendix 4D: Energy World Corporation Ltd and Controlled Entities, ASX.com, 30 June 2015
- ↑ DOE approves Energy World Corp’s LNG facility in Quezon, PhilStar, Jan. 4, 2019
- ↑ GIIGNL 2021 Annual Report, accessed May 5, 2021
- ↑ Val A. Villanueva, Is the government serious in having ‘green’ power in our energy mix?, Business Mirror, Dec. 30, 2020
- ↑ The LNG Industry: GIIGNL Annual Report 2022. GIIGNL. May 2022.
- ↑ https://www.datocms-assets.com/146580/1749457104-igu-world-lng-report-2025-hr_dp.pdf
- ↑ Sam Reynolds, No Guaranteed Future for Imported Gas in the Philippines, Institute for Energy Economics and Financial Analysis, May 2021
- ↑ Reynolds, Sam. "No Guaranteed Future for Imported Gas in the Philippines." Institute for Energy Economics and Financial Analysis. May 2021. Accessed 17 September 2025. https://ieefa.org/wp-content/uploads/2021/05/No-Guaranteed-Future-for-Imported-Gas-in-the-Philippines_May-2021.pdf
- ↑ Energy World Corporation Ltd., "Annual Report." 2016. Accessed 17 September 2025. https://announcements.asx.com.au/asxpdf/20161003/pdf/43bntl3bfw1sxq.pdf
