In 2020 Samat LNG Corporation was established in the Philippines to develop, own and operate LNG import terminals together with the receiving, storage, distribution and wholesale marketing of LNG into the Philippines primarily to industrial and commercial customers for power supply and transportation fuel.
Samat's Mariveles LNG Terminal will be the first small scale LNG Terminal in the Philippines
and is designed to handle approximately 200,000- 400,000 tonnes of LNG annually.
In January 2023, the Department of Energy awarded the Company a Notice to Proceed effectively giving the terminal its official seal of approval. In September 2023 Samat entered into a long lease for a 4.5hectare site at the excellently located and managed PNOC Industrial Park in Limay, Mariveles, Luzon. The location is well connected and affords the company excellent access to numerous industry and power facilities who will benefit from using gas as a fuel.
In all in all the company will soon be able to proceed with the development and construction of its Mariveles LNG Terminal together with the LNG marine jetty, trucking operations and satellite facility installations and all related activities to bring LNG securely and safely to all its customers for the long term.