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Business

First Gen seeks bids for LNG supply

Patrick Miguel - The Philippine Star
First Gen seeks bids for LNG supply
This undated file photo shows an LNG facility.
BusinessWorld / File

MANILA, Philippines — Lopez-owned First Gen Corp. is seeking bids for the supply of liquefied natural gas (LNG) for its existing gas-fired power plants in the First Gen Clean Energy Complex in Batangas.

In a notice, First Gen said experienced LNG suppliers are needed to provide one LNG cargo on a delivered ex-ship (DES) basis at the Discharge Port in BW Batangas.

The delivery window will begin on March 15 until March 31. The award to the selected bidder will be made on March 6.

“First Gen reserves the right at its sole discretion to cancel the invitation to bid or to reject any or all bids prior to the acceptance of a bid or proposal,” the notice read.

Interested bidders need to execute a confidentiality agreement prior to receiving bid documents, which outlines instructions for the preparation and submission of procurement.

First Gen’s LNG terminal in Batangas executed a five-year charter of the floating regasification unit BW Batangas, providing LNG storage and regasification services as part of the project.

Last July, First Gen awarded the contract for the initial shipment of the company’s LNG supply requirement to Shell Eastern Trading (Pte.) Ltd.

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