The Department of Energy (DOE) wants the bidding for the construction of the proposed Batangas-Manila (BatMan-1) pipeline project before the election period next year.
BatMan-1 pipeline will run 105 kilometers and will distribute natural gas from a liquefied natural gas (LNG) facility in Batangas to power stations and the transport sector in Metro Manila.
Oil Industry Management Bureau director Zenaida Y. Monsada said the agency wanted to speed up the bidding process as she expressed fear that the project might face delays if it would be overtaken by election ban on public spending next year.
“What we really wanted is to at least have the ground-breaking before the election ban next year,” Monsada said.
Monsada said the agency is still waiting for the report of state-owned Philippine National Oil Co. (PNOC), who was tasked by the DOE to take the lead and be the transaction adviser for BatMan-1.
PNOC’s subsidiary PNOC Exploration Corp., in turn, commissioned the Private-Public Partnership (PPP) center to conduct an extensive feasibility study on BatMan-1 project as one alternative source of power.
“I guess this February, the PPP center will provide us with the presentation. February is its target to submit,” she added.
Once the report is released, Monsada explained, the terms of reference (TOR) will be submitted to the National Economic Development Authority (NEDA) for evaluation.