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FGEN LNG Corp., a wholly owned subsidiary of First Gen Corp., said Wednesday that it selected the local unit of New Zealand infrastructure company McConnell Dowell as the preferred contractor for the engineering, procurement and construction of its interim terminal of liquefied natural gas offshore in Batangas City. First Gen said in a disclosure to the stock exchange that the construction phase of the IOT Project could begin in the fourth quarter or once FGEN LNG preparations are completed, including the design and implementation of improved work protocols and procedures. and security. The IOT Project will allow FGEN LNG to accelerate its ability to introduce LNG in the Philippines from the third quarter of 2022, to meet the natural gas requirements of existing and future gas power plants of third parties and affiliates of FGEN LNG. “This was a difficult decision made after the completion of an extensive bidding process, but we are pleased to announce that we have selected McConnell Dowell as the preferred bidder for the first generation IOT project,” said Jonathan Russell, Executive Vice President and commercial director of First Gen.
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