Zhai believes that LNG, a cleaner gas compared to coal, could
be"very much part" of the Philippines' energy mix depending on its viability.
Zhai said the Bank is providing advisory
services to the Philippine government on the viability of importing LNG, how can this be utilized for power generation, and whether this is commercially viable.
Right now and the foreseeable future, natural gas and LNG is much cheaper today compared to two to three years ago, so there is a chance for the Philippines and for the countries in Asia to benefit from LNG and this is window of opportunity I think," ADB chief of
energy sector group Dr. Yongping Zhai said in an interview on Thursday.