According to Atlantic, Gulf and Pacific Co. (AG&P), demand aggregation is the key to growing and unlocking the market for gas.
The power sector is a key driver for growing global gas demand. However, liquid-fuelled power plants are typically too small to be viably served on a standalone basis. AG&P claims that leveraging its LNG supply chain solutions aggregates downstream demand to achieve the minimum throughput required to unlock gas-to-power markets.
The Philippines-based company aims to provide a fully integrated solution from LNG sourcing to last-mile delivery, thus simplifying and making commercially compelling the decision to switch energy sources for its customers. Its business model brings LNG design/engineering, innovative technology, manufacturing, project management, local marketing and operations under one platform. Through its terminal gateways, the company delivers LNG/natural gas to its customers.
Abhilesh Gupta, AG&P’s Global Chief Financial Officer and Commercial Head, says: “Most liquid fuelled power plants are remotely located and cut-off from the main grid. Leveraging our standardised designs and modular approach to building terminals developed in AG&P’s Houston, Texas engineering centre, AG&P not only eliminates expensive, bespoke engineering costs, but significantly reduces construction time. We offer speed of development, access to new and diverse gas supply options, cost-efficiency, increasing price competitiveness and flexibility to support the expansion of renewables in the power mix.”
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/25012018/agp-hoping-to-unlock-developing-gas-economies/