Connection Assets

In electric power, decommissioning: assets that are put in place primarily to connected a customer/s to the Grid or Distribution System and used for purposes of transmission or distribution connection services for the conveyance or electricity which if taken out of...

Waterfront

In oil & gas, natural gas: facilities that are designated for the handling, storing, stowing, loading, discharging, or transporting of dangerous cargo, also called a “waterfront LNG plant” [Section 4(rr), Philippine Natural Gas Industry Development Act; Section...

Virtual Transportation System

In oil & gas, natural gas: any alternative methods of transporting natural gas other than through the conventional transportation system, such as the use of land vehicles or sea vessels, with or without an on-site modular regasification unit [Section 4(qq),...

Ultimate Parent

In oil & gas, natural gas: the juridical entity that, directly or indirectly, controls a party to the transaction, and is not controlled by any other entity [Section 4(zz), DOE Department Circular No. DC 2025-04-0005, Philippine Natural Gas Industry Development...

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