In time for summer demand surge: Lotilla expects SMC, First Gen’s natural gas plants to open in 2023

Energy Secretary Raphael “Popo” Lotilla said he is anticipating the timely activation of two liquefied natural gas (LNG) plants by early 2023 to avert another power supply shortage.

In a statement, the former AboitizPower board director said he’s hoping that bilyonaryo Ramon Ang’s Linseed Field Power Corp. and the Lopez Group’s FGEN LNG will be operational as scheduled.

Linseed, a joint venture between San Miguel Power and Singapore’s AG&P, is building an integrated LNG terminal in Batangas City for commercial operation beginning April 2023. It will power up SMC’s existing 1,200 megawatt (MW) power plant in Ilijan.

FGEN’s own LNG storage in Batangas is expected to go online by June 2023, months ahead of the Malampaya reservoir expected to run dry.

“Our foremost concern is to ensure that there is enough capacity supplied through various sources most especially in the coming summer months to sustain the power supply in the country”, Lotilla said in a statement.

Caltex ends 2022 with 28 new sites

Caltex, marketed by Chevron Philippines Inc. (CPI), opened 28 new retail stations nationwide in 2022 as part of its continuing mission to provide clean, quality fuels to motorists.

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Usapang Bilyonaryo” is a digital-first, hybrid magazine show hosted and produced by veteran broadcast journalist Ces Oreña-Drilon in cooperation with the Bilyonaryo.com team. The 30-minute TV cut airs on CNN Philippines at 8 PM every Monday, starting January 16. The full version or producer’s cut of each episode, as well as interview splices, will be posted on Bilyonaryo.com’s Youtube and Facebook accounts.

 

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