EWC 13.0% 2.0¢ energy world corporation ltd

Ann: Update on Major Projects, page-15

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  1. 65 Posts.
    I have it from sources that this is not the case at all. Pagbilao is absolutely not dependent on Senkang as the turbines are duel fuel and LPG can be tankered in to satisfy the government. Although not as profitable, this will meet COD requirements. They also do not have license to export from Indo. Long term this is the overall plan (although that could also change given current market), but not in the short term.

    Regardless, the spot LNG market in its current depressed state, could comfortably be tapped into to fuel the turbines. This also does not require tank completion as a barge can sit offshore and directly feed the regas.
    Last edited by pokermanpat: 16/04/15
 
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