Atlantic, Gulf and Pacific Co. (AG&P) has announced that it will introduce a virtual LNG pipeline in order to help bridge the capacity demands for power in Southeast Asia.
Speaking at the fourth annual Power and Electricity Philippines conference in Manila, Albert Altura, the President of AG&P, said: “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-centralised 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 customised 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.”
Edited from press release by David Rowlands
Read the article online at: https://www.lngindustry.com/regasification/22072016/agp-to-introduce-virtual-lng-pipeline-in-southeast-asia-2802/