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November 24, 2024 -Sunday

 
  AG&P INTRODUCES VIRTUAL LNG PIPELINE TO MEET DEMAND FOR CLEANER, MORE EFFICIENT POWER

Friday 22/07/2016



MANILA, Philippines, July 22 (Bernama-BUSINESS WIRE) -- AG&P (Atlantic, Gulf and Pacific Company), the leading infrastructure solutions provider, has announced it will be introducing a virtual LNG pipeline to bridge the capacity demands for power in Southeast Asia. The announcement was made by Albert Altura, President, AG&P, in his keynote address at the fourth annual Power and Electricity Philippines conference in Manila.
 
According to AG&P, the Philippines provides a unique challenge for the distribution of energy to 100 million people living across 7,000 islands. Traditional power delivery models are often too bulky to be viable to meet relatively smaller-scale energy requirements. Small-scale LNG solutions, including floating storage, regasification and power, provide power plants tailored to the archipelago, from even 5MW all the way up to traditionally-sized plants.

Said Mr. Altura, “There is considerable opportunity for LNG to become a major energy source in the region, particularly for ‘stranded’ markets that are either inaccessible or too small to be feasibly served by the current power supply model. AG&P has both the technical leadership and expertise to deliver affordable, de-centralized clean power solution across Philippines."

“Our virtual LNG pipeline comprises a network of smaller-scale economical delivery systems including vessels, regasification terminals and smaller power plants. These customized LNG solutions accelerate construction, require less up front investment and offer faster and broader delivery. We are already seeing considerable demand for these products and anticipate this continuing in the next few years,” he added.

For more information about AG&P’s LNG capabilities visit http://www.agp.ph/.

About AG&P

AG&P is an infrastructure solutions provider delivering state-of-the-art, modularized products and support services to vessels, projects and plants. We serve the energy, natural resources and industrial sectors worldwide. We own and operate two industry-leading manufacturing facilities totalling over 150 hectares, each with a deep sea port, 80km south of Manila in the Philippines. With a 116-year heritage, AG&P is committed to the highest safety and quality standards and invests heavily in developing its team of professionals, engineers and technicians through training and education. AG&P is committed to improving lives through a diverse range of community development programs offering education, medical services, charity, environmental solutions and relief support to those in need, with an emphasis on the communities where we operate. Further information can be found on the AG&P website at www.agp.ph.
 
Contacts
AG&P
Amaya Legarda
Manager, Marketing Communications
Tel: +63 998 9665822
amaya.legarda@agp.ph
or
Christine Jones
VP, Marketing and Communications
Tel: +61 409 635 675
christine.jones@agp.ph
 
Source: AG&P
 
View this news release online at:
http://www.businesswire.com/news/home/20160721005615/en

--BERNAMA

 
 
 

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