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MANILA - Pilipinas Shell Petroleum Corp. aims to bring floating storage regasification units to the country in its bid to become a major distributor of liquefied natural gas in the domestic market.
Roberto S. Kanapi, Shell vice president for corporate communication, said the FSRUs - ships that can process LNG in offshore areas - will allow the company to supply the alternative fuel across the country.
"For us, LNG supply will not be an issue, it will be more on the infrastructure to receive the LNG. Shell is the world’s biggest distributor of LNG," he said.
LNG is natural gas that is temporarily liquefied so that it could be transported over long distances without the need for pipelines.
The proposed FSRUs could supply the fuel requirements of a 300-1,000 megawatt power plant in different locations because LNG processed from such facilities could easily be distributed.
"You can use these for small islands, this is the solution. You can bring it to the other islands by boat," Kanapi said.
Islands not connected to the country's main grid in Luzon, the Visayas and Mindanao rely on oil-based power plants - which are more expensive and highly polluting than natural gas - for bulk of their power generation.
Shell earlier conducted a feasibility study on putting up LNG regasification and terminal facilities in the country amid government's plan to push the use of the alternative fuel in the commercial and industrial sectors.
Kanapi said the company is on track to complete its LNG study next year.
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