BusinessWorld March 9, 2021 | 12:03 am Philippines LNG will be the fifth planned LNG import terminal in the country. — BW FILE PHOTO SINGAPORE — Atlantic Gulf & Pacific Co. (AG&P) said on Monday its Philippines subsidiary has received the green light to develop a liquefied natural gas (LNG) import and regasification terminal in Batangas Bay, south of Manila. The firm, part owned by Osaka Gas Co. Ltd. and the Japan Bank for International Cooperation, said the Philippines’ Department of Energy (DoE) has issued it a notice to proceed to develop the terminal, known as Philippines LNG, which will provide the fuel to power plant, industrial and commercial customers and other consumers.