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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

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