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Adani Ports expands global footprint with Argentina LNG project win

#Infrastructure News#Infrastructure#India
Synopsis

• Adani Ports and Special Economic Zone (APSEZ) has secured a 10-year marine services contract linked to Argentina’s first operational LNG export project, marking its entry into South America.
• The contract was awarded through a consortium between Adani Harbour International FZCO and Argentina-based Meridian Group following a global competitive bidding process.
• The consortium will provide tugboat operations, offshore logistics support and crew transfer services for the Southern Energy FLNG project.
• The project is expected to strengthen energy trade links between India and Argentina and support LNG exports of up to 10 million tonnes annually from 2027.

Adani Ports and Special Economic Zone Ltd. (APSEZ) has secured a 10-year contract to provide marine services for Argentina’s first operational liquefied natural gas (LNG) export project, expanding its international footprint and marking the company’s entry into the South American market.
The contract has been awarded to Adani Harbour International FZCO, a step-down subsidiary of APSEZ, through a consortium formed with Argentina-based Meridian Group. The award followed a global competitive tender conducted by Southern Energy S.A. (SESA), the developer of the LNG export project.
Under the agreement, the consortium will provide a range of marine support services required for LNG export operations. These include tugboat assistance for LNG carriers, offshore logistics and supply operations, as well as crew transportation services. To execute the contract, the partnership will deploy four high-specification tugboats, one anchor handling tug supply vessel and one dedicated crew boat.
The project represents a significant addition to APSEZ’s growing marine services portfolio and further extends its participation in global energy logistics infrastructure. The company currently operates marine assets supporting ports, LNG terminals, refineries, offshore facilities and national energy companies across multiple international markets.
The contract is linked to the Southern Energy Floating Liquefied Natural Gas (FLNG) project, which is being developed by SESA, a joint venture between Golar LNG and Pan American Energy (PAE). The project is located in the San Matías Gulf in Argentina’s Río Negro Province and will process natural gas transported through the General San Martin pipeline.
Commercial operations at the LNG facility are expected to commence in September 2027. During its initial phase, the project is projected to produce approximately 2.45 million tonnes of LNG annually, equivalent to around 28 LNG cargoes each year. The facility is expected to become Argentina’s first operational LNG export project and a key component of the country's emerging natural gas export strategy.
According to the company, Argentina is increasingly positioning itself as a major LNG supplier in global energy markets. Agreements have already been established to facilitate exports of up to 10 million tonnes of LNG annually to India beginning in 2027, creating a new energy trade corridor between the two countries.
The marine services contract will be executed through Meridian Transportes Marítimos S.A., a joint venture in which Adani Harbour International FZCO holds a 51% stake and Meridian Group holds the remaining 49%.
Industry observers view the agreement as an important step in APSEZ’s strategy of expanding beyond traditional port operations into specialised maritime and energy logistics services. The project also reinforces growing commercial ties between India and Argentina while supporting the development of new LNG supply chains serving Asian energy markets.
Source- Adani Ports

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