ATLANTIC, Gulf & Pacific Co. (AG&P) has launched in the Philippines its small-scale liquefied natural gas (LNG) solutions to bridge the supply and demand gap for power.
“The Philippines provides a unique challenge for the distribution of energy to 100 million people living across 7,000 islands. Traditional power delivery models are often too bulky to be viable to meet relatively smaller scale energy requirements,” AG&P President Albert Altura told reporters after the 3rd Power and Electricity World Philippines conference in Manila.
“Small-scale LNG solutions, including floating storage, regasification and power, provide power plants tailored to the archipelago, from even 5 megawatts (MW) all the way up to traditionally-sized plants. More importantly, small-scale LNG provides a clean solution without the soot and contaminants of old coal. With the recent decrease in the cost of LNG, such technology is now not only viable, but also strongly commercial,” he said.
“The country has the potential to be a trailblazer in delivering innovative small-scale LNG solutions that will make power more accessible and affordable. AG&P is poised to transform the way energy is being delivered in the Philippines and Southeast Asia with the introduction of our virtual LNG pipeline, comprising a network of smaller-scale economical delivery systems such as vessels, re-gasification terminals, and smaller power plants with faster delivery times,” he added.
“We’re not competing with them [big LNG developers]. We want to work with them. We are basically in the construction business, we want to innovate on construction. The more projects we have, the better,” AG&P Chairman Jose Leviste Jr. said.
“Sometimes it’s a chicken and egg situation. Before you develop a plant, you want to make sure you have supply of fuel. The supply of fuel is what is being discussed now so the large scale LNG tankers coming from Australia, Papua New Guinea, we’re providing a solution for the large scale tankers to have a floating storage unit next to your small scale LNG plant,” Leviste said.