Adani Ports Secures 10-Year Contract For Argentina’s First LNG Export Project

Adani Ports has secured a 10-year marine services contract for Argentina’s first LNG export project, marking its entry into South America.

by Adarsh Singh

How Is Adani Ports Expanding Its Global Presence?

Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest integrated transport utility company, has secured a major international contract that marks its entry into South America. The company announced that it has won a 10-year marine services contract for Argentina’s first Liquefied Natural Gas (LNG) export project, significantly expanding its global energy logistics footprint.

The contract has been awarded to Adani Harbour International FZCO, a step down subsidiary of APSEZ, through a consortium formed with Argentina based Meridian Group. The project was awarded following a competitive global bidding process conducted by Southern Energy SA (SESA), the developer of the LNG export initiative.

The deal represents a significant milestone for Adani Ports as it continues to diversify beyond traditional port operations and strengthen its position in specialized maritime and energy logistics services worldwide.

What Services Will Adani Provide Under The Contract?

Under the agreement, the consortium will deliver comprehensive marine support services for the LNG export project.

The scope includes tugboat operations for LNG carriers, offshore logistics support, supply services, and crew transportation operations. To execute the project, the consortium will deploy four high specification tugboats, one anchor handling tug supply vessel, and one dedicated crew boat.

These marine assets will play a critical role in ensuring safe navigation, vessel handling, offshore operations, and uninterrupted support services for LNG exports from Argentina.

The project further strengthens APSEZ’s growing expertise in handling complex marine operations across global energy infrastructure projects.

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Why Is The Argentina LNG Project Significant?

Argentina is emerging as one of the world’s promising LNG export destinations due to its vast natural gas reserves and growing energy infrastructure investments.

The Southern Energy Floating Liquefied Natural Gas (FLNG) project is expected to become Argentina’s first operational LNG export facility. Located in the San Matias Gulf in Rio Negro Province, the project will liquefy natural gas transported through the General San Martin pipeline using the FLNG vessel Hilli Episeyo.

Commercial operations are expected to commence in September 2027.

In its first phase, the facility is projected to produce approximately 2.45 million tonnes (MT) of LNG annually, equivalent to around 28 LNG cargo shipments per year.

The project is being developed by Southern Energy SA, a joint venture between global LNG infrastructure company Golar LNG and Argentine energy major Pan American Energy (PAE).

How Does This Benefit India’s Energy Security?

The project also has strategic implications for India’s energy requirements.

According to APSEZ, agreements are already in place to facilitate exports of up to 10 million tonnes of LNG annually from Argentina to India beginning in 2027.

As India continues to increase its use of natural gas as part of its energy transition strategy, securing diversified sources of LNG imports has become increasingly important.

The Argentina project is expected to help establish a new energy trade corridor between South America and India while reducing dependence on traditional LNG suppliers.

What Does This Mean For Adani Ports?

The contract reinforces Adani Ports’ growing international ambitions and strengthens its presence across the global maritime services sector.

According to CEO Ashwani Gupta, APSEZ currently conducts marine operations across 12 countries and supports ports, LNG terminals, refineries, national oil companies, and offshore facilities worldwide.

The company views the project as an opportunity to leverage its operational expertise while building long-term partnerships in emerging energy markets.

The contract will be executed through Meridian Transportes Maritimos SA, a joint venture in which Adani Harbour International FZCO holds a 51% stake and Meridian Group owns the remaining 49%.

As global LNG demand continues to rise, the Argentina project positions Adani Ports at the center of a strategically important energy supply chain connecting South America with international markets.

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