Excelerate Energy's Philippine LNG import project delayed

THE Philippine Department of Energy said this week that they have yet to approve US firm Excelerate Energy’s application for its permit to construct, expand, rehabilitate, and modify (PECRM) its proposed LNG import facility located in Batangas Bay, south of Manila, the capital.

Excelerate Energy's Philippine LNG import project delayed Excelerate Energy's Philippine LNG import project delayed Excelerate Energy's Philippine LNG import project delayed Excelerate Energy's Philippine LNG import project delayed Excelerate Energy's Philippine LNG import project delayed

Department Oil Industry Management Bureau (OIMB) director Rino Abad said that following the company's PCERM application last year, it wasn't able to submit its audited financial statement until May