𝐀𝐆&𝐏 𝐋𝐍𝐆 𝐀𝐰𝐚𝐫𝐝𝐞𝐝 20-𝐲𝐞𝐚𝐫 𝐂𝐨𝐧𝐭𝐫𝐚𝐜𝐭 𝐛𝐲 𝐏𝐋𝐍 𝐄𝐏𝐈, 𝐈𝐧𝐝𝐨𝐧𝐞𝐬𝐢𝐚 𝐟𝐨𝐫 𝐂𝐨-𝐝𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭, 𝐎𝐰𝐧𝐞𝐫𝐬𝐡𝐢𝐩 𝐚𝐧𝐝 𝐎𝐩𝐞𝐫𝐚𝐭𝐢𝐨𝐧𝐬 𝐨𝐟 𝐋𝐍𝐆 𝐈𝐦𝐩𝐨𝐫𝐭 𝐓𝐞𝐫𝐦𝐢𝐧𝐚𝐥𝐬 𝐢𝐧 𝐒𝐮𝐥𝐚𝐰𝐞𝐬𝐢-𝐌𝐚𝐥𝐮𝐤𝐮, 𝐭𝐡𝐞 𝐥𝐚𝐫𝐠𝐞𝐬𝐭 𝐩𝐨𝐰𝐞𝐫 𝐜𝐥𝐮𝐬𝐭𝐞𝐫 𝐢𝐧 𝐭𝐡𝐞 𝐜𝐨𝐮𝐧𝐭𝐫𝐲
AG&P LNG, majority owned by Nebula Energy, has announced that its subsidiary PT AGP Indonesia Utama (AG&P Indonesia), along with consortium members Suasa Benua Sukses and KPMOG, has won a large-scale, 20-year contract for LNG infrastructure from PLN EPI in Indonesia. This covers the co-development, ownership, and operations of LNG import terminal infrastructure and downstream logistics in seven locations within the Sulawesi-Maluku cluster in Indonesia.
LNG Terminals to Serve Seven Power Plants of 1,510 MW Cumulative Capacity
– The Sulawesi-Maluku, the largest power cluster in Indonesia, will have LNG import terminals of a total regasification capacity of 2.3 million metric tonnes per annum (MMTPA) with multiple regasification sites across its 7 locations.
– 2.3 MMTPA of regasification is equivalent of displacing 5.7million tons of diesel per year which is equivalent to reducing 9.2 million tons of CO2 emissions per year.
– Expected commissioning of the Sulawesi-Maluku LNG Cluster in H1 2026.
– PT PLN Energi Primer (PLN EPI), a wholly owned subsidiary of PT PLN (Persero) Indonesia will be the customer and co-shareholder in the facility.
– LNG to be supplied by PLN EPI from their domestic LNG allocation.
Read more: agplng.com/press-releases/agp-lng-awarded-20-year-contract-by-pln-epi-indonesia-for-co-developmen…
#AGPLNG #SustainableFuture
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#AGPLNGInTheNews: AG&P LNG buys into Vietnam’s next-up import terminal (Originally published in Tradewinds)
Gas infrastructure and distribution company AG&P LNG has bought a 49% stake in the soon-to-start-up $500m Cai Mep LNG Terminal in south Vietnam as the country prepares for a dramatic expansion in its LNG imports plan.
AG&P LNG wants to be a multi-terminal operator, Karthik Sathyamoorthy, CEO, AG&P LNG said, adding that is looking to support developers that need extra expertise.
“We want to put our flags in as many countries as we can with respect to unlocking LNG import infrastructure and supplying LNG to those markets,” he added.
Read more at:
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𝗔𝗚&𝗣 𝗟𝗡𝗚 𝗔𝗰𝗾𝘂𝗶𝗿𝗲𝘀 49% 𝗦𝘁𝗮𝗸𝗲 𝗶𝗻 𝘁𝗵𝗲 𝗙𝘂𝗹𝗹𝘆 𝗖𝗼𝗻𝘀𝘁𝗿𝘂𝗰𝘁𝗲𝗱 𝗖𝗮𝗶 𝗠𝗲𝗽 𝗟𝗡𝗚 𝗧𝗲𝗿𝗺𝗶𝗻𝗮𝗹 𝗶𝗻 𝗩𝗶𝗲𝘁𝗻𝗮𝗺
We are proud to announce that AG&P LNG, a subsidiary of Nebula Energy, has acquired a 49% stake in the fully constructed Cai Mep LNG Terminal in South Vietnam. The Cai Mep LNG Terminal was developed by Hai Linh Co., Ltd., a prominent petroleum product import terminal and trader in Vietnam. AG&P LNG and Hai Linh Co., Ltd. will jointly lead the development of LNG trading and downstream gas distribution in Vietnam.
Karthik Sathyamoorthy, CEO, AG&P LNG, said: “Cai Mep LNG will enable reliable LNG access to multiple power plants in its vicinity, including Hai Linh’s Hiep Phuoc Power Plant, currently under construction, and to the industries in the South Vietnam region. AG&P LNG team has already worked closely with the Cai Mep LNG Terminal team to operationalize the terminal by Q3 2024.”
Sam Abdalla, CEO, Nebula Energy, and Vice Chairman, AG&P LNG, said: “Following our recent acquisition of majority stake in AG&P LNG, we are very excited to invest in Vietnam’s flagship 3 MTPA Cai Mep LNG Import Terminal. This investment will enable us to commercialize LNG supply, transportation, and delivery of LNG molecules through our integrated LNG ecosystem.”
Read more: agplng.com/press-releases/agp-lng-acquires-49-stake-in-fully-constructed-cai-mep-lng-terminal.pdf
#AGPLNG #SustainableFuture
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#ThursdayThrowback to two decades ago when AG&P took on a monumental task – fabricating modules for the world’s largest ferro nickel processing plant, the Goro Nickel Mining Project.
Our skilled workforce crafted together 322 modular units, representing 90% of the project’s infrastructure. This project is etched in AG&P’s history as one of our most significant achievements over the past two decades, bringing together over 3,500 Filipino craftsmen for modularization works in Batangas, Philippines, and 1,300 personnel in New Caledonia for onsite construction, commissioning, and operations and maintenance works.
AG&P’s legacy is built on these tremendous projects, and we are excited to continue our journey towards shaping a sustainable future!
#AGPToYou #ModularConstruction #AngGalingngPinoy
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"It was really a blessed day when I joined AG&P! Because of AG&P I was able to save and buy our house and lot for my family. Because of AG&P, I was also able to send my children to school. And now, I have been given an even bigger opportunity being a part of the team deployed to the US and gain international experience.
I am proud to represent AG&P, my company, that recognized my hard work and rewarded me with a dream career." – Zendie Magnaye, Pipe Welder
#AGPToYou #AGreatPlace #AGPTeam
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Thank you, PEZA Director General Tereso Panga, for honoring us with your presence at our inaugural employee townhall at AG&P Batangas!
We deeply appreciate the trust, partnership, and steadfast support your office has consistently extended to our company.
Here’s to many more fruitful years of collaboration ahead!
#AGPToYou #AGPIndustrial #CommittedtoPeople #AGreatPlace
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One proud moment!
AG&P Industrial was awarded a Plaque of Appreciation from our esteemed clients, INEOS and Wood, in acknowledgment of 1 million safe man-hours milestone for Project ONE.
“Safety goes hand-in-hand with quality. When we choose to work properly, we do it in a safe and correct way. Continue working with your direct supervisors who always know what to do. Thank you for doing a great job and it makes me proud to be a part of this family. Keep it up!” said Roeland Uytdewilligen, VP for Project Delivery and Execution, AG&P Industrial.
Anupam Ahuja, Director for Strategic Services, AG&P Industrial, said: “On behalf of our shareholders and the management, I thank everyone who worked hard in achieving this milestone. AG&P is here today because of your hard work and sacrifices. We will continue working with our clients to bring in more projects and make AG&P number one!”
The event also recognized the ‘Most Outstanding Workers’ and the champions of our ‘Safety Observation Card’ initiative.
Congratulations to the Project ONE team on this outstanding achievement!
In this photo (L-R): Roeland Uytdewilligen, AG&P; Davide Ragazzi, Wood; Francesco Sanfilippo, INEOS, and the Project ONE management and workers
#AGPIndustrial #SafetyFirst #ProjectONE #1M
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𝗔𝗚&𝗣 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝗶𝗮𝗹 𝘂𝗻𝗹𝗼𝗰𝗸𝘀 𝗮 𝗺𝗶𝗹𝗲𝘀𝘁𝗼𝗻𝗲 𝘄𝗶𝘁𝗵 1 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 𝘀𝗮𝗳𝗲 𝗺𝗮𝗻-𝗵𝗼𝘂𝗿𝘀 𝗳𝗼𝗿 𝗜𝗡𝗘𝗢𝗦’ 𝗣𝗿𝗼𝗷𝗲𝗰𝘁 𝗢𝗡𝗘
A heartfelt congratulations to the incredible Project ONE team for achieving 1 million man-hours without Lost-Time Incident (LTI)!
Alex Gamboa, President, AG&P Industrial, beams with pride: “AG&P Industrial is at the forefront, weaving safety and sustainability into every thread of our work. I am proud of our team’s collaborative spirit and tireless efforts. The work that we do for INEOS’ Project ONE steam cracker plant, which is designed for optimal efficiency and reduced environmental impact, contributes to a more #SustainableFuture. Let us keep up the amazing work and continue pushing boundaries!”
Great job, Team!
#AGPIndustrial #SafetyFirst #ProjectONE #1M
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