LOPEZ-LED First Gen Corp., the country’s second largest producer of electricity, targets to start construction of its $1-billion liquefied natural gas (LNG) terminal either late next year or early 2017 so that it will be ready by 2020 or 2021, before gas reserves in the Malampaya facility run out.

First Gen president Giles Puno said the front-end engineering design (FEED) of the project is now on its second revision.

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