Gazasia, Aboitiz to build bio methane facility to fuel vehicles

5:25 AM, 22nd February 2013

LONDON, UK: Aseagas, joint venture of Gazasia and Aboitiz Equity Ventures, have planned $30 million bio-methane facility to produce approximately 5 million litres per annum, enough to fuel over 150 vehicles, mostly delivery trucks and heavy buses, and will cater for the fleet accounts of several large customers.

In an interview with the Philippine Daily Inquirer, Juan Alfonso, Director, Aseagas confirmed that the first phase of the $150 million investment in biogas facilities would be rolled out in the second or third quarter of 2013. Alfonso emphasised the sustainability of the project, with municipal solid and organic wastes being processed to produce a renewable transport fuel that Aseagas intends will compete effectively with diesel on price.

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