The vessel is capable of both self-propulsion across open waters and the ability to de-ballast to two meters or less, whilst fully laden with its cargo of LNG. The cargo capacity of the vessel is scalable from 4,000 cubic metres to 8,000 cbm, allowing access to restricted harbors so that the vessel can travel near shore or receive LNG cargo from FSU anchored offshore.
The ultra-shallow draft LNGC has a delivery time of approximately 14-16 months from order placement based on existing design specification.
Orders for FSRUs from Africa
AG&P and majority-owned GAS Entec have recently been awarded several component contract, among others for converting an LNG carrier into a floating storage and regasification units (FSRUs) to be deployed in West Africa and help fuel decentralized power stations and stabilize local electricity grids
“AG&P’s goal is to bring LNG to new markets. One of the missing links has been the capability to import and distribute LNG in affordable and smaller volumes to non-traditional and off-grid customers,” said Chong-Ho Kwak, CEO of Gas Entec.
Modularized infrastructure
Modularisation helps the Philippines-based company speed up delivery times. AG&P says it “builds the infrastructure in Lego-like pieces.”
Product design and production is carried out at AG&P’s two manufacturing facilities, situated some 80km south of Manila. The production sites span 150 hectares of land where the company produce 125,000 tons of assembled modules per year.
Over the years, AG&P has modularized refineries, chemical, petrochemical, power and water plants, LNG apparatus, mining systems and offshore topsides. In November 2019, AG&P acquired a minority stake in Norway-based Kanfer Shipping, adding a proprietary LNG articulated tug-barge (ATB) to its suite of LNG technology solutions.
Going forwards, AG&P focuses on building a substantial of fleet of LNG tankers that deliver LNG from terminals to industry and power generators.