Glencore's Singapore head of oil becomes LNG boss as Mark Catton retires

Tokyo Gas Co has signed a joint development agreement with Philippines’ First Gen Corp to build and operate a liquefied natural gas (LNG) receiving terminal in the Philippines, its first foray into energy infrastructure development in Southeast Asian country.

A Tokyo Gas spokesman declined to comment on the investment amount.

The Philippines in October had short-listed three different groups of companies, including the Tokyo Gas partnership with First Gen, to build and operate its first LNG import terminal.

First Gen, which owns about 60 percent of the gas-fired power plants in the Philippines, is the biggest natural gas user in the country, Tokyo Gas said in a statement (Reporting by Osamu Tsukimori; Editing by Tom Hogue)

Copyright © 2018. All market data is provided by Barchart Solutions. Futures: at least a 10 minute delay. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.

FEATURED COLUMNS

	Editorial Comment -Adrienne Blume As discussed in the HPI Market Data 2019 report, published in November by Gas Processing & LNG’s sister publication, Hydrocarbon Processing, rising propane and ethane supplies in the US have been enabled by greater production of shale gas.
	Industry Trends: Norway targets global LNG market -Eugene Gerden Norway aims to become a leading player in the global LNG market during the next several years through the establishment of new, large-scale LNG terminals.
	Regional Focus: Challenges of scaling up Africa’s LNG production -Shem Oirere Several gas projects are underway in Africa, but they continue to be constrained by inadequate infrastructure, slow finance mobilization, lack of security and uncertainty over hydrocarbon regulations that are casting doubt on the outcome of the continent’s drive to meet its anticipated 128% gas demand increase by 2040.