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First Gen taps Danish firm for vessel support services

Lopez-led First Gen Corporation has inked a 10-year time charter party with Danish firm Svitzer for the provision of towage and other vessel support services for the former’s interim liquefied natural gas (LNG) import facility. In the deal that was signed with Lopez firm subsidiary FGEN LNG Corpor

First Gen unit chooses Denmark's Svitzer for LNG project's towage, vessel support

BusinessWorld June 4, 2021 | 12:03 am A UNIT of Lopez-led First Gen Corp. has entered into 10-year contract for towage and vessel support services with Denmark-based Svitzer in line with its offshore liquified natural gas (LNG) terminal project in Batangas City. In a press release on Thursday, First Gen said Svitzer is providing four new build 75-ton bollard pull tug vessels, which will aid the operations of FGEN LNG Corp.’s floating storage regasification unit (FSRU) and LNG carriers. An FSRU, which usually has a storage capacity of between 125,000 and 170,000 cubic meters, has an onboard regasification plant that can turn LNG back into its gaseous state and supply it directly into a gas network.

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Lopez-led First Gen Corporation recently said over that it plans to open the 1,200-megawatt (MW) Santa Maria natural gas power plant in Batangas either by..

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