Think tank warns vs use of imported LNG
newscatcher
2023-04-17 01:30
Think tank warns vs use of imported LNG
MANILA -The Philippines should make the most of its renewable energy sources rather than rely on more costly imported liquefied natural gas (LNG) that could expose consumers to higher electricity rates, a think tank said on Thursday. The Center for Energy, Ecology and Development (CEED) shared this view following the country's receipt last week of its first LNG cargo at Atlantic, Gulf & Pacific Co.'s (AG&P) Batangas import terminal. 'Renewable energy is affordable and readily available in the country, on top of being more environmentally-friendly,' said CEED executive director Gerry Arances.

https://business.inquirer.net/396255/think-tank-warns-vs-use-of-imported-lng

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