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    AG&P to Introduce Virtual LNG Pipeline for Southeast Asia

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Summary

Infrastructure services provider AG&P (Atlantic, Gulf and Pacific Company) has announced it will be introducing a virtual LNG pipeline to bridge the capacity demands for power in Southeast Asia.

by: shardul

Posted in:

Asia/Oceania

AG&P to Introduce Virtual LNG Pipeline for Southeast Asia

Infrastructure services provider AG&P (Atlantic, Gulf and Pacific Company) has announced it will be introducing a virtual LNG pipeline to bridge the capacity demands for power in Southeast Asia.

The announcement was made by Albert Altura, President, AG&P, in his keynote address at the fourth annual Power and Electricity Philippines conference in Manila earlier this week.

According to AG&P, the Philippines provides a unique challenge for the distribution of energy to 100 million people living across 7,000 islands. Traditional power delivery models are often too bulky to be viable to meet relatively smaller-scale energy requirements. Small-scale LNG solutions, including floating storage, regasification and power, provide power plants tailored to the archipelago, from even 5MW all the way up to traditionally-sized plants.

“There is considerable opportunity for LNG to become a major energy source in the region, particularly for ‘stranded’ markets that are either inaccessible or too small to be feasibly served by the current power supply model,” Altura said. “Our virtual LNG pipeline comprises a network of smaller-scale economical delivery systems including vessels, re-gasification terminals and smaller power plants. These customized LNG solutions accelerate construction, require less upfront investment and offer faster and broader delivery. We are already seeing considerable demand for these products and anticipate this continuing in the next few years.” 

Earlier this year, AG&P signed a Technical Assistance and Licensing Agreement (TALA) with GTT to construct membrane systems for onshore tanks, LNG bunkering infrastructure, LNG carriers and other LNG systems using GTT technologies.