Taguig City- September 14, 2023 – SAMAT LNG Corporation, represented by Capt. Roy Watson, and the Philippine National Oil Company (PNOC), have officially signed a long-term lease agreement for a groundbreaking liquefied natural gas (LNG) project.  The deal leases a 4.5-hectare area located within the PNOC Industrial Park in Limay, Bataan.

The project is strategic as it will enable industrial users to access unported LNG delivered to their facilities. This will reduce the cost of electricity in power-intensive manufacturing industries in Luzon.