Noida, June 8, (APAC Media): Adani Ports and Special Economic Zone Ltd. (APSEZ) on Monday secured a 10-year marine services contract for Argentina’s first liquefied natural gas (LNG) export project, marking the company’s entry into South America and expanding its international offshore logistics operations.
The contract was awarded through a global competitive tender by Southern Energy S.A. to Adani Ports and Special Economic Zone Ltd’s step-down subsidiary, The Adani Harbour International FZCO, in partnership with the Argentina-based Meridian Group.
The consortium will support the Southern Energy FLNG project, developed by a joint venture between Golar LNG and Pan American Energy.
Under the agreement, the consortium will provide integrated marine services, including tugboat operations for LNG carriers, offshore logistics support, supply vessel operations and crew transfer services.
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The project will be supported by a fleet comprising four high-specification tugboats, one anchor-handling tug supply vessel and one crew boat.
“This project reflects our growing capability to support large-scale energy infrastructure projects across geographies. With marine operations in 12 countries and a growing fleet of marine assets supporting ports, LNG terminals, national oil companies, refineries and offshore facilities, we bring deep operational expertise to complex maritime environments. By combining these capabilities with strong local partnerships, we are helping create reliable maritime ecosystems that enable new energy trade corridors and strengthen long-term supply resilience,” Ashwani Gupta, CEO, APSEZ, said.
“Argentina is emerging as a major new LNG supplier, with agreements in place to support exports of up to 10 million tonnes annually to India from 2027. The Southern Energy FLNG project is expected to play an important role in connecting this growing supply base with global demand centres,” Ashwani added.
The Southern Energy FLNG project is being developed by Southern Energy S.A., a joint venture between Golar LNG and Pan American Energy.
Located in the San Matías Gulf in Argentina’s Río Negro Province, the project will liquefy natural gas from the General San Martín pipeline aboard the Floating Liquefied Natural Gas (FLNG) vessel Hilli Episeyo, with commercial operations expected to begin in September 2027.
“In its first phase, the project is expected to produce 2.45 million tonnes of LNG annually, equivalent to approximately 28 cargoes per year, making it Argentina’s first operational LNG export project,” Ashwani noted.
The contract will be executed through Meridian Transportes Marítimos S.A., a 51:49 joint venture between Adani Ports and Special Economic Zone Ltd.’s international subsidiary and Meridian Group.
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Disclaimer: Views expressed are those of experts and do not reflect APAC Media. This is for informational purposes only, not financial advice. We are not responsible for investment decisions. Please consult a qualified financial advisor before investing.
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