Shell will operate the upcoming Tabangao Floating LNG regasification terminal, proposed to be built in Calabarzon in Philippines. According to GlobalData, who tracks more than 1,100 active and developing LNG terminals worldwide, the terminal is expected to start operations in 2025 and will be owned by Shell. Buy the profile here.
The Tabangao Floating LNG regasification terminal has a proposed regasification capacity of 185.06bcf/annum (billion cubic feet) and storage capacity of 0.08 million tons (Mt).
During the period 2021-2025, the Tabangao Floating regasification terminal is expected to witness an estimated capex of $920m.
Contractors involved in the regasification plant
Some of the key contractors for the Tabangao Floating LNG regasification terminal include -Design/FEED: Shell.
About Shell
Shell plc (Shell), formerly Royal Dutch Shell Plc, is an integrated oil and gas company. The company explores for and produces oil and gas from conventional fields and sources such as tight rock, shale and coal formations. It operates refining and petrochemical complexes across the world. Shell’s product offerings include lubricants, bitumen and liquefied petroleum gas; and petrochemical products such as raw materials for plastics, coatings and detergents. The company is a major producer of biofuel in Brazil. It also has interests in various liquefied natural gas (LNG) and gas to liquids (GTL) projects. The company markets its products directly and indirectly through distributors in Europe, Asia, Oceania, Africa, North America, and South America. Shell is headquartered in London, England, the UK.
For more details on the Tabangao Floating LNG Regasification Terminal, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
