AG&P, Air Liquide Global sign MoU
21 March 2017
AG&P (Atlantic, Gulf and Pacific Company) has signed a Memorandum of Understanding (MoU) with Air Liquide Global E&C Solutions to develop small-scale LNG infrastructure for LNG distribution across Asia.
Under the MoU, AG&P will integrate the technologies offered by Air Liquide with its expertise in planning, designing engineering, financing and operating LNG infrastructure modules to build technologically-advanced blocks that can plug into any part of the LNG supply chain. This will deliver end-users faster and more cost-competitive solutions that maximize a project’s value.
As part of this MoU, AG&P and Air Liquide will begin developing standardized downstream LNG modules (some as skids) that optimize costs and shorten delivery time. The MOU also covers innovative Boil-off Gas (BOG) management systems eliminating the need for investment in BOG compressors, while ensuring that no gas is vented or flared, bringing environmental and economic benefits to the customer.
Recently, AG&P has announced its development of an LNG terminal in East India with Hindustan LNG. AG&P also co-owns and operates the Hydro Deck, a unique giant mobile port, through a joint venture with global heavy lift and logistics leader, ALE.