Thursday 20 September
Powered by Ajaxy
Apr 13, 2016 @ 7:45

Trans-Asia Petroleum mulls LNG import terminal


TRANS-ASIA Petroleum Corp. is planning to build an import terminal for liquefied natural gas possibly in Sual, Pangasinan, while doing a pre-feasibility study for its venture into the midstream energy sector.

Francisco L. Viray, Trans-Asia Petroleum president and chief executive officer, told reporters on Tuesday that the company was looking at a facility that can store half a million tons per annum of LNG or enough to power a 500-megawatt (MW) gas-fired plant.

“As early as 2018, the project would be completed,” he said on the sidelines of the company’s annual stockholders’ meeting.

Tags: , , ,

Related Stories
The family of businessman Ramon V. Del Rosario is considering venturing into geothermal power generation
Property developer Sta. Lucia Land Inc. (SLI) targets to spend over PHP 15 billion in
Broadcasting giant ABS-CBN Corp. said it is on track to meet its goal of selling
Italpinas Development Corp. said its chairman Romolo Nati has sold two million of his shares

Read full Article here »

Trending News

Recommended on sister sites

Copyright © 2018 Bilyonaryo - Latest news on the richest Filipinos and Family Business.