Adani Ports and Special Economic Zone (APSEZ), part of the globally diversified Adani Group, has achieved a significant milestone by securing a decade-long marine services contract for Argentina’s first liquefied natural gas (LNG) export. This not only marks APSEZ’s entry into South America but also signals a strategic expansion of its international marine services portfolio.
The contract has been awarded to APSEZ’s subsidiary, Adani Harbour International FZCO, in collaboration with Argentina-based Meridian Group. This partnership emerged victorious following a highly competitive global tender conducted by Southern Energy S.A. (SESA). Winning this award not only bolsters APSEZ’s position in the international energy logistics sector but also enhances its footprint across the global maritime landscape.
Ashwani Gupta, the Whole-time Director and CEO at APSEZ, remarked, “This project reflects our growing capability to support large-scale energy infrastructure projects across geographies. 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.” This statement underscores APSEZ’s strategic vision of leveraging local partnerships to create dependable maritime ecosystems, facilitating new energy trade routes, and ensuring long-term supply resilience.
The APSEZ-Meridian consortium is set to provide comprehensive marine services. These will include tugboat operations for LNG carriers, offshore logistics, supply support, and crew transfer services. This operation will be reinforced by four high-specification tugboats, one anchor handling tug supply (AHTS) vessel, and a crew boat, ensuring robust logistical support for the project.
Execution of the contract will be managed through Meridian Transportes Marítimos, a joint venture where Adani Harbour International FZCO holds a 51% share alongside Meridian Group. The Southern Energy FLNG project is spearheaded by SESA, a collaboration between Golar LNG and Pan American Energy (PAE).
Set against the backdrop of the San Matías Gulf in Argentina’s Río Negro province, this transformative project aims to liquefy natural gas sourced from the General San Martin pipeline aboard the Floating Liquefied Natural Gas (FLNG) facility, Hilli Episeyo. The commencement of commercial operations is anticipated by September 2027, positioning Argentina to make a significant mark in the global LNG market.
The project has an ambitious production target of 2.45 million tons of LNG annually during its initial phase, which translates to an estimated 28 cargoes each year. This venture will become Argentina’s first operational LNG export project, aligning with the nation’s emergence as a burgeoning LNG supplier on the world stage.
In terms of export capacity, there are already agreements in place for the supply of up to 10 million tons annually to India starting in 2027. The Southern Energy FLNG project holds the potential to connect Argentina’s burgeoning LNG supply base with the growing demand centers globally.
SESA is committed to realizing Argentina’s first large-scale LNG export venture, which comprises two floating LNG terminals with a combined capacity of approximately 6 million tons per annum (mtpa). Beyond the inaugural FLNG unit, Hilli Episeyo, a second unit known as MK II is projected to enhance production by an addition of 3.5 mtpa by late 2028.
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