Country for PR: United Kingdom
Contributor: PR Newswire Europe
Thursday, June 09 2022 - 15:25
AsiaNet
AG&P wins the 2022 LNG 'APAC Company of the Year' award at the Energy Council's Annual Awards of Excellence
SINGAPORE, June 09, 2022 /PRNewswire-AsiaNet/ --

    Atlantic, Gulf & Pacific International Holdings (AG&P), a leading 
downstream LNG platform and industrial company, has been adjudged as the APAC 
Company of the Year for 2022 in the LNG category by Energy Council. The Energy 
Council's Annual Awards of Excellence represents a global benchmark of 
excellence for the oil & gas and natural gas / LNG sectors. AG&P was recognised 
and honoured 'for being at the forefront of value creation, innovation and 
exceptional performance' over the last 12 months.

    Mr. Joseph Sigelman, Chairman & CEO, AG&P Group, said, "AG&P cherishes this 
distinguished award from the Energy Council.  After years of anticipation, we 
find ourselves in a revolutionary transformation of energy. There is a great 
increase in LNG export coming in the next years and there is clear demand from 
industry, power and home and vehicle owners who want clean, competitive fuel.  
AG&P's mission is to bridge the coming surge in gas supply with the customers 
who need it, by providing fast, standardized infrastructure and logistics.

    This award recognizes the hard work that our team has invested to develop 
the terminals and city gas networks that we have already rolled out and are 
forthcoming across South and Southeast Asia and beyond.  We are proud of our 
strategy of ensuring that people and industry have the choice of a fuel that 
will help them prioritize the environment and reduce overall costs at the same 
time.  We profoundly thank the Energy Council for focusing on this important 
area."

    AG&P is leading the transition to clean energy through its advanced 
technological energy solutions. AG&P develops LNG ecosystems that unlocks 
underserved/ unserved markets by delivering customised design powered by 
innovative standardized plug-and-play products that are commercially compelling 
and allow for rapid adoption of natural gas.

    In May 2022, AG&P's subsidiary GAS Entec completed the conversion of a 
125,000m³ LNG carrier (LNGC) for KARMOL, a joint-venture between Turkey's 
Karpowership and Japan's Mitsui OSK Lines (MOL), into the world's first Modular 
Floating Storage and Regasification Unit (M-FSRU). The M-FSRU was built with 
Gas Entec's standard, modular RegasTainer® technology to deliver gas to 
Karpowership's 236 MW Floating Power Barge in Senegal, the first country in 
West Africa to transition to clean gas energy.

    This year, AG&P will also commission the first LNG import and 
regasification terminal in Batangas Bay, called the Philippines LNG (PHLNG) to 
supply gas to one of the largest power producers in the country. In addition, 
PHLNG will store LNG and dispatch natural gas to power industrial and 
commercial customers and other consumers, opening up for the country a new era 
of clean, efficient fuel. In India, AG&P is the largest foreign player with a 
CGD portfolio that includes 12 concessions, covering 28 districts across 8% of 
India and ~80 MM people.

    About AG&P

    Atlantic Gulf & Pacific (AG&P) is a global leader in developing and running 
LNG and gas logistics and distribution solutions. AG&P provides the 
infrastructure to access natural gas safely and easily in new and growing 
markets. We act as an owner and as a service provider covering the development, 
financing, engineering, procurement, project management and construction for 
onshore and offshore gas infrastructure, linking suppliers to downstream 
customers. www.agpglobal.com

    Photo: https://mma.prnewswire.com/media/1836165/Joe_Sigelman_AG_P.jpg

    Source - 'AG&P'
Translations

Japanese