First Gen Corp. said Tuesday it received one liquefied natural gas (LNG) cargo from QatarEnergy LNG.
The MV Siasima, an LNG carrying vessel, arrived at First Gen’s LNG terminal in Batangas early this week to deliver the cargo, which ensures that the company’s natural gas-fired power plants will have fuel when needed.
First Gen issued the tender for one LNG cargo on Feb. 16, 2025 for delivery during the summer season to support its gas-fired power plants during the dry months.
“On the gas side, we will be receiving our seventh LNG cargo since the start of our terminal’s operations in the second half of 2023,” First Gen president and chief operating officer Francis Giles Puno said last month.
“We expect LNG supply deliveries in April and May to address the increased electricity demand during the hot summer months,” he said.
First Gen last took delivery of an LNG cargo from Shell Eastern LNG in November 2024.
The company owns four power plants with total combined capacity of 2,017 megawatts (MW) that run on natural gas, a bridge fuel that offers flexible power generation positioned to support the introduction of more intermittent renewable energy in the country.
First Gen also has a fleet of 28 power plants generating up to 1,651 MW from solar, wind, hydro and geothermal facilities.
The 3,668-MW combined capacity of these First Gen power plants helps assure the country’s energy security.
First Gen also owns an 80-percent stake in FGEN LNG Corp. (FGEN LNG)) that owns and operates a $370 million LNG terminal project at the First Gen Clean Energy Complex in Batangas City.
The remaining 20 percent is owned by Tokyo Gas Co., Ltd (Tokyo Gas), Japan’s largest natural gas utility company.
