Royal Dutch Shell is planning to build the Philippines’ first liquefied natural gas (LNG) import terminal in the coming two to three years. The terminal is expected to be a floating facility near Shell’s Tabangao refinery in Batangas province – one of the only two refineries in the country. Shell will make a final investment decision within the next 12 months depending on regulatory approvals and the offtake agreements with prospective partners. The Philippines’ Department of Energy (DOE) supports the development of an LNG facility as it would strengthen the country’s energy mix that is currently dominated by coal
