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AG&P: LNG terminal construction in Batangas ‘critical’ to cleaner energy shift

Metro Manila (CNN Philippines, December 13) — Infrastructure development firm Atlantic, Gulf and Pacific (AG&P) has defended the ongoing construction of its liquefied natural gas (LNG) terminal in the Philippines after some advocacy groups criticized a Japanese bank for investing in the facility.

In a statement on Wednesday, AG&P said the planned natural gas import terminal in Batangas City is set to become the country’s “first only full-scale LNG terminal.”

“The phased approach through LNG is fundamental to ensuring a stable, reliable, and equitable shift to 100% renewable energy sources that is vital for the Philippines’ economic and energy security,” it said.

“Natural gas is a key component in this transition as it is a reliable and cleaner alternative to traditional fossil fuels,” the firm added.

However, AG&P claimed that NGOs Center for Ecology and Development (CEED) and Protect Verde Island Passage (Protect VIP) seek to derail the completion of the project, alleging that they have been hitting Japan Bank for International Cooperation (JBIC) for backing the terminal.

The company said efforts being launched by the groups could obstruct the government’s environmental goals as well as impact jobs dependent on energy.

“We stand with JBIC and other institutions committed to a reasonable and responsible approach to energy security and sustainability,” it said. “We encourage CEED and allied NGOs to participate in constructive dialogue and collaboration, instead of pursuing actions that might hinder national advancement.”

Last week, Protect VIP filed a complaint at the Manila office of JBIC over alleged issues on cutting of coconut trees, land conversion, and environmental compliance linked to the construction works in the Batangas facility.

Gerry Arances, executive director of CEED and co-convenor of Protect VIP, urged Japan to “lead by example in transitioning towards a more sustainable and climate-friendly future” given its position in the global finance sector.

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