According to the latest news article, FDC Utilities Inc., the power generation unit of tycoon Andrew Gotianun’s Filinvest Development Corp. and Brunei National Petroleum Company Sendirian Berhad, the state-owned oil and gas subsidiary of Brunei, are in talks for a possible liquefied natural gas supply agreement.
This after PetroleumBrunei has started work on the regasification facility at the Phividec Industrial Estate in Villanueva, Misamis Oriental prompting .
PetroleumBrunei last year signed an agreement with state-owned Philippine National Oil Co. on investment opportunities in Liquified Natural Gas (LNG), including developing a floating, storage regasification unit at the Phividec site. LINK
Read the news article HERE.
photo of Brunei LNG facility