Mumbai: Adani Ports and Special Economic Zone Ltd (APSEZ) has secured a 10-year marine services contract linked to Argentina's first LNG export project, opening its operations in South America and expanding its role in global energy logistics.
The contract was awarded to Adani Harbour International FZCO, a step-down subsidiary of APSEZ, through a consortium formed with Argentina-based Meridian Group. The selection followed a global competitive bidding process conducted by Southern Energy SA (SESA).
Under the agreement, the consortium will provide a range of marine services for the LNG export project, including tugboat support for LNG carriers, offshore logistics operations, supply services and crew transportation.
To support the project, the consortium will deploy four high-specification tugboats, an anchor handling tug supply vessel and a crew boat.
Commenting on the development, Ashwani Gupta, Whole-time Director and CEO of APSEZ, said, "With marine operations in 12 countries and a growing fleet of marine assets supporting ports, LNG terminals, national oil companies, refineries and offshore facilities, we bring deep operational expertise to complex maritime environments."
"By combining these capabilities with strong local partnerships, we are helping create reliable maritime ecosystems that enable new energy trade corridors and strengthen long-term supply resilience," he added.
The company said the contract strengthens its position in specialised marine services and broadens its involvement in international energy supply chains.
Argentina is emerging as a new LNG export hub, with agreements already in place to supply up to 10 million tonnes of LNG annually to India from 2027. The Southern Energy FLNG project is expected to play a key role in connecting Argentine gas production with overseas markets.
The project is being developed by SESA, a joint venture between Golar LNG and Pan American Energy. Located in the San Matias Gulf in Rio Negro Province, the facility will liquefy natural gas transported through the General San Martin pipeline using the floating LNG vessel Hilli Episeyo.
Commercial operations are expected to begin in September 2027. In its first phase, the project is projected to produce 2.45 million tonnes of LNG annually, equivalent to around 28 cargo shipments each year, making it Argentina's first operational LNG export project.
The contract will be executed through Meridian Transportes Maritimos SA, a joint venture in which Adani Harbour International FZCO holds a 51 per cent stake and Meridian Group owns the remaining 49 per cent.
BI Bureau
