Biomethane Joint Venture to Provide Fuel for Philippine NGVs

| United Kingdom and Philippines

Philippine power, financial services and food group, Aboitiz Equity Ventures (AEV) has signed a memorandum of agreement for a joint venture with London-based biofuel company Gazasia Ltd. to develop waste-to-fuel facilities in the Philippines, reports foxbusiness. A Gazasia spokesperson confirmed with NGV Global News the waste generated biomethane will be processed for use in natural gas vehicles, but advised further details will not be available until later in 2012. Gazasia will provide technical expertise, specialized equipment and project management. AEV will provide funding for the project and assist with access to markets in various parts of the Philippines.

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