SINGAPORE: Philippine power producer First Gen Corp said it had awarded its tender seeking a cargo of liquefied natural gas (LNG) to a subsidiary of China’s CNOOC Ltd, according to a statement on Monday.
The cargo will be delivered by CNOOC Gas and Power Trading & Marketing Limited in May 2024 on a delivered-ex-ship (DES) basis to the BW Batangas, First Gen’s floating storage and regasification unit (FSRU).
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First Gen issued the tender earlier in April and said it was seeking the cargo for delivery between May 25-31.
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