Singapore-based Atlantic Gulf & Pacific (AG&P) has a backlog of contracted projects totalling over $770mn, it said on April 14. 

The backlog includes work on five land or marine LNG terminals, a petrochemical complex, oil refinery, an edible oil depot, a new LNG bunkering vessel and engineering for other maritime LNG applications, the company said. It is also expected to secure additional projects in the LNG and power sectors within this year. 

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“AG&P’s construction business is forecast to have its best year in its 121-year history, with contracted backlog already over $770mn spread over three years,” AG&P chairman Augusto Gan said. “It is a ground-breaking year for AG&P as it participates in critical infrastructure projects particularly in Asia-Pacific, that will accelerate commercial development, create jobs, clean air and trigger overall economic and social progress.” 

AG&P was last month issued the notice to proceed by the Philippines department of energy for the development of its LNG import and regasification terminal on Batangas Bay called Philippines LNG.  

The project will have the initial capacity to deliver up to 3mn metric tons/year of regasified LNG, with additional capacity for liquid distribution. The terminal will also have a scalable onshore regasification capacity of 420mn ft³/day and almost 200,000 m³ of storage.