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First Gen plans FSRU lease for LNG

First Gen is considering leasing an FSRU to regas LNG imports, which can yield savings on feed gas costs. The power supplier has gas supply contracts fixed with the consortium behind the sole producing gas field in the Philippines

An FSRU lease starting from early next year may help mitigate gas supply risk as the Malampaya field nears the end of its production life, First Gen executive said 

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