BW FSRU IV Pte Ltd is a subsidiary of BW Gas Limited, First Gen Corp said in a disclosure to the stock exchange.
"The Project will allow FGEN LNG to accelerate its ability to introduce LNG to the Philippines as early as Q3 2022, to serve the natural gas requirements of existing and future gas-fired power plants of third parties and FGEN LNG affiliates," the statement said. BW Paris' nominal send out capacity is 25 percent more than the production capability of Malampaya "which at its peak produced a maximum gas volume of approximately 400 MMscfd, and which is now declining," First Gen said.
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