Currently no planned events for Philippines.
LNG is becoming an important new element in the energy supply of the Philippines. BW LNG of Norway and FirstGen, a Filipino powerhouse, recently signed a five-year contract for an FSRU that will supply FirstGen’s powerplants in the Luzon region (the Northern and most populous part of the country). The reason the Philippines is switching to LNG is the depletion of its national gas field, the Malampaya. Production has started declining and is estimated to run out in 2027. Several other Filipino private companies are working on LNG projects.