AG&P’s Unique Scalable LNG Supply Chain Model Will Unlock Gas-to-Power Market Opportunities in Developing Gas Economies
Innovative approach highlighted at 2018 Asia Pacific Energy Assembly
SINGAPORE–(BUSINESS WIRE)–#AGnP–AG&P (Atlantic, Gulf and Pacific Company), the Philippines-based company
at the forefront of developing pragmatic, end-to-end LNG delivery
solutions, says demand aggregation is the key to growing and unlocking
the market for gas.
The power sector continues to be the key driver for growing global gas
demand. However, liquid-fuelled power plants are typically too small to
be viably served on a standalone basis. Leveraging AG&P’s innovative,
standardized LNG supply chain solutions, AG&P aggregates downstream
demand to achieve the minimum throughput required to unlock gas-to-power
markets.
AG&P singularly provides a fully integrated solution from LNG sourcing
to last-mile delivery, thus simplifying and making commercially
compelling the decision to switch energy sources for its customers.
AG&P’s business model is unique by bringing under one platform LNG
design/engineering, innovative technology, manufacturing, project
management, local marketing and operations. Through its terminal
gateways, AG&P delivers LNG/natural gas to its customers.
“Most liquid fuelled power plants are remotely located and cut-off from
the main grid. Leveraging our standardized designs and modular approach
to building terminals developed in AG&P’s Houston, Texas Engineering
Center, AG&P not only eliminates expensive, bespoke engineering costs,
but significantly reduces construction time. We offer speed of
development, access to new and diverse gas supply options,
cost-efficiency, increasing price competitiveness and flexibility to
support the expansion of renewables in the power mix,” said Mr. Abhilesh
Gupta, AG&P’s Global Chief Financial Officer & Commercial Head.
AG&P is actively developing integrated LNG-fired gas-to-power
opportunities across South Asia, the Americas and Africa.
About AG&P
Based in the Philippines, Atlantic Gulf & Pacific Company of Manila
(AG&P) is at the forefront of the LNG infrastructure revolution
providing gas or LNG to customers via integrated LNG receiving terminals
and their supply chains. AG&P designs, manufactures, finances, leases,
operates and maintains storage and regasification terminals, LNG related
assets, terminals and vessels. From sourcing gas to last-mile delivery,
AG&P is the unique integrator that brings all parties together to
deliver projects for lower, pragmatic capital cost.
For more than 118 years, AG&P has been a global leader in infrastructure
solutions, delivering cutting-edge modularized products and support
services to the energy, resources and industrial sectors. AG&P
modularizes infrastructure for refineries, LNG export and import
facilities, power, petrochemical, and mining plants, building up to
125,000 tons of dense and complex modules each year.
For more information, visit www.agp.ph.
Note: AG&P gave a keynote address at the Energy Council Asia Pacific
Energy Assembly & Awards in Singapore on Wednesday, 24 January. For a
copy of the presentation, visit http://agp.ph/trade.html.
Contacts
Ying PR
Reisha Nagrani | Public Relations & Social Media
Manager
Mobile: +65 96163994
DID: +65 31575608
[email protected]
or
AG&P
Dianne
Elaine O. Perez
Manager | Marketing & Communications
Mobile:
+63 (998) 966 5839
DID: +63 (43) 740 5800 local 5399
[email protected]
