I can't access all of the below article as I'm not a member.
However, the amount of the article I have posted is inline with most others thoughts, that EWC are being screwed big time by the DOE.
Philippines’ second LNG terminal looks excessive
EWC’s LNG terminal in the Philippines is being overlooked as the competition to build a second terminal intensifiesBy The Wildcat14 December 2018
The race to build a new LNG terminal in the Philippines is hotting up, with a joint venture of China National Offshore Oil Corp. (CNOOC) and Phoenix Petroleum emerging as a front runner. But the country already has a terminal that is ready to start operating, and growing interest in upstream production could leave a second facility underutilised. The government must therefore do more to encourage gas-fired power and underpin the proposed terminal.
Energy World Corp.’s (EWC’s) LNG terminal at Pagbilao is nearly complete and is...
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