By Danessa Rivera (The Philippine Star) | Updated April 9, 2017 - 12:00am
MANILA, Philippines - Philippine-based Atlantic, Gulf and Pacific Co. (AG&P) has launched ‘plug-and-play’ liquefied natural gas designs to bring down costs of the LNG supply network and accelerate its development across Asia.
The company presented two designs at the recent Gastech 2017 in Tokyo Japan, namely a scalable LNG delivery platform/vessel and an onshore modular regasification unit.
These plug and play packages will be built in AG&P’s dedicated and state-of-the-art 150-hectare manufacturing facilities in Batangas, which considering its geographic accessibility in Southeast Asia, will help speed delivery times, reduce project cost and shorten project man-hours.
The standardized gas products in modular design for the LNG supply network are expected to drive down costs, accelerate delivery schedule and enable last-mile supply to LNG demand centers scattered across Southeast Asia, South Asia and the Caribbean.
“While there is increasing preference for small-scale and mid-scale LNG solutions in emerging economies like Indonesia and India, uptake remains slow with few projects underway. Standardization and modular solutions will be the circuit-breaker that will bring projects online, enabling the switch to LNG as a clean and affordable energy source,” AG&P president Albert Altura said.
Cost-effective and built for transportation across the world, AG&P said these off-the-shelf products have the potential to bolster the small and mid-scale LNG market in Southeast Asia.