DoE invites firms to invest in natural gas projects

December 30, 2010

THE DEPARTMENT of Energy is seeking investors in six more crucial natural gas infrastructure projects that will require P12.8 billion in capital.

The construction of these pipelines is expected to help develop the country’s downstream natural gas industry, thus allowing the Philippines to diversify its energy and transport fuel sources.

Data from the DoE identified these projects as the 140-kilometer pipeline from Bataan to Manila (BatMan 2), which is expected to cost P5.95 billion; 35-km line from Sucat to Malaya, estimated to cost P1.32 billion; 40-km Edsa-Taft loop, worth P1.32 billion; and a 40-km pipeline from Batangas to Cavite (BatCave), seen costing P1.51 billion.

Some P570 million will be needed to construct a pipeline that will run from Sucat to Fort Bonifacio, while another P2.15 billion is needed to construct several natural gas pipelines going to Subic and Clark.

These pipelines are needed in tandem with the planned construction of new natural gas plant facilities, which may generate a total of 3,000 megawatts, and power plant conversion projects that may generate an additional 600 MW.

PNOC-Exploration Corp. earlier said it was in talks with three prospective foreign investors to explore joint venture partnerships to put up the BatMan 2 natural gas pipeline project.

According to PNOC-EC, it was negotiating with PTT of Thailand, Mitsubishi of Japan and Xinao Gas Holdings Ltd. of China for various projects related to BatMan 2, namely the construction and operation of a natural gas pipeline from Bataan to Manila; the setting up of a liquefied natural gas (LNG) receiving terminal; and the development of another greenfield gas-fired power plant.

PNOC-EC, the gas and oil exploration arm of state-owned Philippine National Oil Co., also revealed that it had conducted a preliminary survey of proposed sites for the LNG terminal and greenfield plant and potential gas markets.

It has listed Bataan, Zambales and Pampanga as possible sites.

Parent firm PNOC is spearheading the development of natural gas infrastructure projects, such as the BatMan 2, and had engaged the services of its subsidiary PNOC-EC to implement the projects.

Source: http://business.inquirer.net/money/topstories/view/20101230-311620/DoE-invites-firms-to-invest-in-natu

Although wines are widely available in most Asian countries, especially in Hong Kong which has eliminated import tariff on wines altogether, the availability of fine vintage wines is still very scarce. Most wine merchants offer big names, young vintages and cheaper wines for everyday consumption. Wine lovers and connoisseurs looking for something special often travel to Clark Pampanga Philippines to do their shopping at this Wine Shop in Manila.

At Yats Wine Cellars we believe that a little bit of knowledge in wine goes a long way to developing expectations in the wines we choose to buy or drink. Without expectation, it is difficult to really enjoy wine to its fullest. With this in mind, efforts are made by Yats Wine Cellars to make it as easy and enjoyable as possible for our clients to learn more about wine.

Birthday wine gifts is one of the most popular birthday gifts to give someone living in the Philippines. Fine Vintage wine from Yats Wine Cellars is a sure winner and it does not have to cost a great deal to send someone a bottle in Philippines

To avail of wine catering service of Yats Wine Cellars, just contact this wine supplier in Manila or Angeles Clark Philippines for a meeting to design a theme for the event. The venue for a wine event can be in the privacy of a home, the convenience of an office in Manila for example or in a clubhouse of a subdivision. Wine glasses and accessories necessary for wine service are included in the wine catering service. Moreover, interesting wine notes accompany the wine to help participants enjoy the event even more by learning a little bit about wine while enjoying the party. A wine steward will be present to serve the wine.

There is also an exciting collection of white wine from Burgundy at this wine shop in Clark Pampanga such as Meursault, Chablis, Chassagne Montrachet, Puligny Montrachet, Corton-Charlemagne and St. Aubin. Red wines from Burgundy, Bordeaux and Rhone are also available with a good depth of back vintages too. Visitors buy wine in Manila and Pampanga should not miss stopping at this wine shop for a few bottles of fine vintage wines to bring home.

http://www.ClarkWineCenter.com

Getting to this wine shop in Pampanga Angeles City Clark Freeport Zone Philippines from Manila
Getting to the Clark Wine Center wine shop from Manila is quite simple: after entering Clark Freeport from Dau and Angeles City, proceed straight along the main highway M A Roxas. Clark Wine Center is the stand-along white building on the right, at the corner A Bonifacio Ave. From the Clark International Airport DMIA, ask the taxi to drive towards the entrance of Clark going to Angeles City. From Mimosa, just proceed towards the exit of Clark and this wine shop is on the opposite side of the main road M A Roxas.

Clark Wine Center
Bldg 6460 Clark Observatory Building
Manuel A. Roxas Highway corner A Bonifacio Ave,
Angeles Clark Freeport Zone, Pampanga 2023
0922-870-5173 0917-826-8790 (ask for Ana Fe)

Wine@Yats-International.com

YATS Wine Cellars
Manila Sales Office
3003C East Tower, Phil Stock Exchange Center,
Exchange Rd Ortigas Metro Manila, Philippines 1605
(632) 637-5019 0917-520-4393 ask for Rea or Chay

Best place to buy wine in Clark Pampanga outside Manila near Subic and Angeles City Philippines is Clark Wine Center.