Philippines LNG Terminal

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Philippines LNG Terminal, also known as Ilijan LNG Terminal, AG&P LNG Terminal, Batangas LNG Terminal, and PHLNG Terminal, is an operating LNG import terminal in Philippines.

Location

Table 1: Location details

Name Location Coordinates (WGS 84)
Philippines LNG Terminal Batangas, Batangas, Philippines[1] 13.753821, 121.040525 (approximate)

The map below shows the approximate location of the terminal:

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Project Details

Table 2: Infrastructure details

mtpa = million tonnes per year
Name Facility type Status Capacity Total terminal capacity Offshore Associated infrastructure
Philippines LNG Terminal import[1] operating[2] 5 mtpa[3] 5.0 mtpa True Ilijan power station[4]

Table 3: Cost

Name Facility type Cost Total known terminal costs
Philippines LNG Terminal import[1] US$262,800,000 (14,600,000,000 PHP)[4] US$262,800,000

Financing

No financing data available.

Table 4: Project timeline

FID = Final Investment Decision, used by some developers to indicate a project will move forward
Name Facility type Status Proposal year FID year Construction year Operating year Inactive year
Philippines LNG Terminal import[1] operating[2] 2021[4] – 2021[5][6] 2023[4][4][2] –

Ownership

Table 5: Ownership

Name Facility type Status Owners Parent companies Operator
Philippines LNG Terminal import[1] operating[2] AG&P Terminals & Logistics Pte Ltd [100%][7][8] Nebula Energy LLC [80.0%]; Asiya; JBIC; Osaka Gas Co Ltd Atlantic Gulf & Pacific Company Industrial[9]

Table 6: Vessel ownership

Name Facility type Status Vessel Vessel owners Vessel operator
Philippines LNG Terminal import[1] operating[2] ISH FSU[10] ADNOC Logistics & Services[11] ADNOC Logistics & Services[9]

Background

Atlantic Gulf & Pacific Company (AG&P), part owned by Osaka Gas and the Japan Bank for International Cooperation (JBIC), announced that its Philippines subsidiary, Linseed Field Power Corp.[12], received approval to develop a liquefied natural gas (LNG) import and regasification terminal in Batangas Bay, south of Manila. The Philippines’ energy department issued it a notice to proceed to develop the terminal, known as Philippines LNG, which will provide the fuel to a power plant, industrial and commercial customers, and other consumers.[13] In 2019, Osaka Gas and JBIC jointly invested a total of US$100 million in AG&P for its gas distribution and LNG import terminals.[14][15]

Philippines LNG was planned to have an initial capacity of up to 3 million tonnes per annum (mtpa) of regasified LNG, with additional capacity for liquid distribution. It would also have scalable onshore regasification capacity of 420 million standard cubic feet per day (mmscfd) and almost 200,000 cubic metres (cbm) of storage. The company completed its pre-development work for the terminal which was expected to be commissioned by mid-2022. The statement did not disclose financial details of the project.[13]

Construction on the terminal began in 2021 using an offshore modular approach.[16] In late December 2021, the application to continue development was approved by the Philippines department of energy, with operations expected to commence in June 2022.[12]

As of May 2022, construction was nearing completion, and the developers were considering beginning operations in August 2022.[17]

Environmental groups opposed the terminals and gas-fired power plants in the region.[18] In 2022 the project received a cease-to-desist order.[19][20] However, the project was commissioned the following year in April 2023.[21]

In March 2024, three of the top energy firms in the Philippines partnered to invest in the large-scale integrated LNG facility including Philippines LNG Terminal and Ilijan power station, in a deal valued at US$3.3 billion. The firms include Aboitiz Power, a subsidiary of Manila Electric, and San Miguel Corp, the current owner of the power station. According to reports, the companies plan to acquire the LNG terminal but hadn't done so.[22] In January 2025, the deal was completed.[23]

In March 2025, in the first deal signed for the long-term supply of LNG into the Philippines, global energy trading house Vitol anounced that it had signed an agreement with the Philippines LNG Terminal for the supply of 0.8 mtpa of LNG for ten years. Together with the FGEN Batangas FSRU, the country's only other operating import terminal as of early 2025, the Philippines LNG Terminal received 19 cargoes of LNG in 2024, all of which were procured on the spot market, according to data from the analytics firm Kpler[24]

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. ↑ 1.0 1.1 1.2 1.3 1.4 1.5 https://www.prnewswire.com/news-releases/mcdermotts-cbi-storage-solutions-awarded-lng-storage-contract-for-philippines-first-lng-import-terminal-301268336.html. {{cite web}}: Missing or empty |title= (help)
  2. ↑ 2.0 2.1 2.2 2.3 2.4 https://www.prnewswire.com/news-releases/agps-philippines-lng-phlng-import-terminal-welcomes-the-first-lng-cargo-in-the-country-as-it-successfully-berths-its-long-term-chartered-137-500-cbm-ish-floating-storage-unit-fsu-in-batangas-bay-301809004.html. {{cite web}}: Missing or empty |title= (help)
  3. ↑ https://agpglobal.com/our-assets/. {{cite web}}: Missing or empty |title= (help)
  4. ↑ 4.0 4.1 4.2 4.3 4.4 https://www.philstar.com/business/2021/02/08/2076000/agp-investing-p146-billion-lng-facility. {{cite web}}: Missing or empty |title= (help)
  5. ↑ https://www.naturalgasworld.com/philippines-approves-linseeds-lng-project-press-95170. {{cite web}}: Missing or empty |title= (help)
  6. ↑ https://powerphilippines.com/agp-batangas-lng-terminal-project-gets-notice-to-proceed/. {{cite web}}: Missing or empty |title= (help)
  7. ↑ https://www.prnewswire.com/in/news-releases/nebula-energy-llc-buys-majority-stake-in-agp-lng-a-subsidiary-of-agp-group-focused-on-integrated-lng-terminal-and-downstream-gas-market-development-302048793.html. {{cite web}}: Missing or empty |title= (help)
  8. ↑ https://www.reuters.com/markets/commodities/agp-lng-aims-start-developing-6-import-terminals-within-2-years-2024-01-30/. {{cite web}}: Missing or empty |title= (help)
  9. ↑ 9.0 9.1 (PDF) https://giignl.org/wp-content/uploads/2024/06/GIIGNL-2024-Annual-Report-1.pdf. {{cite web}}: Missing or empty |title= (help)
  10. ↑ https://www.offshore-energy.biz/watch-137500-cbm-ish-fsu-docks-at-philippines-lng-import-terminal-in-a-historic-moment/. {{cite web}}: Missing or empty |title= (help)
  11. ↑ https://www.adnoc.ae/en/adnoc-ls. {{cite web}}: Missing or empty |title= (help)
  12. ↑ 12.0 12.1 "PHILIPPINES APPROVES LINSEED'S LNG PROJECT". Natural Gas World. Retrieved 2022-01-03.{{cite web}}: CS1 maint: url-status (link)
  13. ↑ 13.0 13.1 Jessica Jaganathan, Philippines LNG imports Reuters, March 8, 2021
  14. ↑ Advocates slam Japan state-owned bank’s violations on LNG facility in VIP, Journal Online, Jan. 31, 2025
  15. ↑ FACES OF IMPACT: JBIC and Japan’s LNG Financing Harms Communities and the Planet, Friends of the Earth Japan et al., Oct. 17, 2024
  16. ↑ The LNG Industry: GIIGNL Annual Report 2022. GIIGNL. May 2022.
  17. ↑ "AG&P, First Gen LNG facilities near completion". Power Philippines. 2022-05-16. Retrieved 2022-07-06.
  18. ↑ "https://www.banktrack.org/blog/philippines_communities_are_fighting_back_against_the_verde_island_passage_becoming_the_epicenter_of_fossil_fuel_expansion_in_southeast_asia". {{cite web}}: External link in |title= (help)CS1 maint: url-status (link)
  19. ↑ Alcoseba Fernandez, Hannah (2022-10-19). "Philippines government moves to stop new gas projects in biodiverse coral region". eco-business.com.{{cite web}}: CS1 maint: url-status (link)
  20. ↑ "SMC not above law". pressreader.com. 2022-11-09.{{cite web}}: CS1 maint: url-status (link)
  21. ↑ "AG&P's Philippines LNG (PHLNG) Import Terminal Welcomes the First LNG Cargo In The Country As It Successfully Berths Its Long-term Chartered 137,500 cbm ISH Floating Storage Unit (FSU) in Batangas Bay". prnewswire.com. 2023-04-26.{{cite web}}: CS1 maint: url-status (link)
  22. ↑ Reuters. Philippines' top energy firms partner for $3.3 bln LNG facility. March 2, 2024
  23. ↑ Staff, LNG Prime (2025-01-29). "Three firms seal $3.3 billion LNG-to-power deal in Philippines". LNG Prime. Retrieved 2025-08-20.
  24. ↑ Emily Chow, Vitol signs 10-year LNG deal for delivery to the Philippines, Reuters, Mar. 5, 2025