Adani Ports secures 10-year marine services deal for Argentina’s first LNG export project

Adani Ports and Special Economic Zone Ltd (APSEZ) said on Monday it has secured a 10-year marine services contract for Argentina's first liquefied natural gas (LNG) export, marking its entry into South America and expanding its international marine services footprint and reinforcing growing energy linkages between India and Argentina. India's largest integrated transport utility said the contract has been awarded to APSEZ's step-down subsidiary -- The Adani Harbour International FZCO -- through a consortium with Argentina-based Meridian Group, following a global competitive tender process conducted by Southern Energy SA (SESA). The Adani Group-Meridian consortium will deliver marine services for the Southern Energy FLNG project, supported by an estimated investment commitment of $70 million. In its first phase, the project is expected to produce 2.45 MT of LNG annually, equivalent to approximately 28 cargoes per year, making it Argentina's first operational LNG export project.

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