Only one of seven proposed liquefied natural gas (LNG) projects is due to start up this year in the Philippines despite decades of planning for imports of the super-chilled fuel in the country, demonstrating the challenges smaller Asian nations face in getting infrastructure built.

phillipines

“We see more progress on a wide range of projects, but recent history has demonstrated that getting an LNG import project up and running in the Philippines is challenging,” Poten & Partners’ Jason Feer, global head of business intelligence, told NGI.

Another issue is securing supply for planned projects. Asian LNG projects under development in the Philippines, and in Thailand and Vietnam, face challenges in securing LNG supply at competitive levels. LNG prices continue to trade near record highs...