LNG expert sees bullish prospects for PH's LNG sector

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Title:	LNG expert sees bullish prospects for PH's LNG sector
Published on:	Jul 14, 2011
Author:	Arkei Samonte
File Type:	.JPEG / JPEG File
File Size:	281.53 KB
Category:	Banking/Financial Services, CSR/Philanthropy,
Brief:	Bruce Macfarlane, ING’s head of natural resources for Asia, said having a liquefied natural gas (LNG) facility should boost the Philippines’ energy security as this will lessen its reliance on a single source: Malampaya gas. “Once ...

Bruce Macfarlane, ING’s head of natural resources for Asia, said having a liquefied natural gas (LNG) facility should boost the Philippines’ energy security as this will lessen its reliance on a single source: Malampaya gas. “Once you’ve built the LNG import infrastructure, you can import LNG from Indonesia, Brunei, Russia, Australia, the Middle East. You’ve got many options and you’re not exposed to that single source,” said the LNG expert, during a recent visit in Manila.

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