25 April 2024
Shell to invest in $1 billion LNG terminal in Philippines – reports
Publication date: 20 June 2012
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Shell plans to invest around $1 billion in an LNG import and regas terminal in Batangas, Philippines, with a potential start-up by visual_editor016, according to local reports on Tuesday. Shell’s Philippines chairman Edgar Chua told reporters that the project will be the focus of Shell’s investment in the country over the next three to four years. Meanwhile, another $visual_editor00 million may be allocated for a second potential project.