Reported about 16 hours ago
The Philippines is considering importing liquefied natural gas (LNG) from a long-delayed project in Alaska to address its rising energy demands, as discussions between Philippine President Ferdinand Marcos Jr. and U.S. President Donald Trump are anticipated. Despite the unclear future of the Alaska LNG project, which has faced challenges in securing long-term contracts and investments, the U.S. government is prioritizing its development and potential exports to Pacific nations. The Philippines began LNG imports in 2023 due to the depletion of its main gas field, and recent developments include Japan's Tokyo Gas acquiring a stake in the local LNG sector.
Source: YAHOO