INC.

Subsidiaries

PHILIPPINE FSRU LNG INC. (PFLI)

A major link in the LNG value chain owned by AXIL is its proposed Philippine FSRU LNG import terminal (“PFLI”) or its variant near shore technology project to be located in a benign bay area, proximate to the country’s main load center.  This Floating Storage Regasification Unit or its variant near shore terminal shall provide the country’s LNG buyers access to the growing natural gas supply in North America and Australasia, especially coming from unconventional gas sources such as shale and coal seam gas or coal bed methane.
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