Govt to fix Agus-Pulangi, build LNG facility

The government will rehabilitate the Agus-Pulangi power plants in Mindanao and construct a liquefied natural gas (LNG) facility to ensure stable power supply in the country before the Malampaya Deepwater Gas-to-Power plant’s gas reserves are used up by 2024, the Department of Finance (DoF) said on Tuesday.

In a statement, Finance Secretary Carlos Dominguez 3rd said the upgrading or rehabilitation of the five Agus-Pulangi hydropower facilities in Lanao del Norte and Bukidnon provinces would be done in phases. The first stage of the rehabilitation will be included in the second basket of projects that China may possibly finance.