In 2020 Samat LNG Corporation was established in the Philippines to develop, own and operate LNG import terminals together with the receiving, storage, distribution and wholesale marketing of LNG into the Philippines primarily to industrial and commercial customers for power supply and transportation fuel.
Samat's Mariveles LNG Terminal will be the first small scale LNG Terminal in the Philippines
and is designed to handle approximately 200,000- 400,000 tonnes of LNG annually.
During the second quarter of 2022, the Company is seeking the necessary regulatory approvals and investment incentives which will enable it to proceed with the development and construction of the Mariveles LNG Terminal together with the marine jetty, trucking operations and satellite installations and all related activities to bring LNG securely and safely to all its customers for the long term.
On January 2023, Samat LNG has received the Notice to Proceed (NTP) from the Philippine Department of Energy. This permit allows us to move forward with our Small Scale LNG Project in Bataan.