AG&P aims for its first LNG terminal in India by 2024 end - official

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SINGAPORE : Singapore-based Atlantic, Gulf and Pacific is looking to set up its first liquefied natural gas terminal in India by 2024 end, a top company official said, although it is evaluating other sites as an alternative to the terminal's location in the south of the country. 'AG&P is very bullish on a

SINGAPORE : Singapore-based Atlantic, Gulf and Pacific is looking to set up its first liquefied natural gas terminal in India by 2024 end, a top company official said, although it is evaluating other sites as an alternative to the terminal's location in the south of the country.

The company broke ground on its first LNG import facility in India, at the Karaikal port in the southern city of Puducherry, in February 2020. But then COVID-related curbs led to a slowdown in the terminal's development, said Sathyamoorthy. Sathyamoorthy declined to say why the company is now considering other locations for an LNG terminal in India.

On AG&P's LNG import terminal in the Philippines, Sathyamoorthy said it was on track to begin operations by the first quarter of 2023 and will source supplies of the chilled fuel from a portfolio player.

 

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