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Philippines 1.1-Gigawatt LNG-to-Power Project Cancellation

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Source: The Energy Mix

Project
Cancelled

The Philippines cancelled a 1.1-gigawatt LNG-to-power project backed by U.S. financial behemoth Blackstone due to a chronic shortage of gas turbines needed to generate electricity from LNG. The country is unlikely to add new import capacity with existing terminals running below capacity.

Status
Closed
Sector
Power Generation (CCGT), LNG
Location
Philippines
Updated
22 Jul 2026
Source
The Energy Mix

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Project Information

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The project “Philippines 1.1-Gigawatt LNG-to-Power Project Cancellation” is an infrastructure initiative in the Power Generation (CCGT) sector, located in Philippines. Taiyo aggregates data on it from The Energy Mix.

Participants

Not available for this record.

Status

Original status

cancelled

Taiyo status

Closed

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The Philippines cancelled a 1.1-gigawatt LNG-to-power project backed by U.S. financial behemoth Blackstone due to a chronic shortage of gas turbines needed to generate electricity from LNG. The country is unlikely to add new import capacity with existing terminals running below capacity.

Original sector

Energy

Location

Country

Philippines

Source

Source

The Energy Mix

URL

More Details

Record type

Project

Sector

Power Generation (CCGT), LNG

Article published date

2025-12-19

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