DOE steps up on learning gas market policies from US, Asian peers 0 SHARES Share it! Share TweetBy MYRNA M. VELASCOWith high anticipation that the Philippines will eventually have a reboot of its gas industry into a market catered to by imported liquefied natural gas (LNG), the Department of Energy (DOE) is also stepping up on its learning process when it comes to policies and regulation frameworks of the changing landscape of global gas markets. The Oil Industry Management Bureau (OIMB) of the DOE, which will oversee the downstream gas sector, had just recently discussed, learned and exchange views with peers from the US State Department’s Bureau of Energy Resources, as well as with industry-collaborators in the Asian region – including gas facility-operators and energy regulators from Bangladesh, Pakistan, Sri Lanka and Vietnam. But with the policy learning toolbox it has been clinching from LNG players in other energy markets of the world, Energy Assistant Secretary Leonido Pulido III indicated that the Philippines “will be able to hurdle the challenges of developing an LNG industry.”In the recently concluded LNG Regulation forum convened through the Asia Enhancing Development and Growth through Energy (ASIA-EDGE) platform, speakers from various gas markets shared best practices as well as lessons learned in the course of their LNG infrastructure developments. Various American government agencies, such as the US Maritime Administration, US Coast Guard and the US Department of Commerce, shared their knowledge “on the operations of floating storage and regasification units, offshore and near-shore LNG facilities and permits; dealing with maritime traffic on LNG cargoes as well as the requisite industry standards for LNG ports and maritime activities.

Source: Manila Bulletin January 13, 2020 13:52 UTC