AG&P Unveils the First Ultra-Shallow Draft Small LNG Carrier Work Horse for Southeast Asia’s Stranded Power Markets

AG&P (Atlantic, Gulf and Pacific Company), the leading infrastructure
solutions provider, today announced the launch of its ultra-shallow
draft 4000 – 8000m³ LNG carrier (LNGC), capable of accessing rivers and
shallow harbors with a draft of only two meters. In a first for the
rapidly emerging small-scale LNG infrastructure industry in Southeast
Asia, the LNGC will serve as a ‘work horse’ for near shore LNG milk-run
deliveries to locations that have limited access including shallow
rivers and restricted harbors with low water depth.

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4000 m³ LNG Carrier (Photo: Business Wire)

Conceived by AG&P, the first-of-its-kind vessel, the LNGC work horse has
a unique hull design that reduces the waterline entrance angle and
vessel resistance in waves. It can be ballasted in open water improving
both stability and speed and does not need handling tugs. The vessel
cargo capacity is easily scalable from 4000 – 8000m³ with flexibility to
travel near shore or take on LNG cargo from a floating storage unit
(FSU) anchored offshore. It can navigate open seas as well as riverine
waterways with a minimum speed requirement as low as eight knots.

Speaking at the 4th Annual Gas Asia Summit in Singapore, Mr. Derek
Thomas, Head of AG&P’s Advanced Research Unit, said, “LNG can be
break-bulked – breaking larger LNG cargoes into smaller shipments – and
transported in small volumes over short distances using coastal tankers,
specialized trucks and trains to a variety of customers. The
availability of a smaller scale delivery network through break-building
has enabled both distributed power generation and a variety of
industrial applications in various manufacturing and processing
facilities. Our new scalable LNGC is a plug-and-play customisable supply
solution that requires lower capital cost making LNG more accessible and
economically viable for small or developing LNG import markets.”

AG&P will finance and build the 4000–8000m³ LNGC in 16 months at its
world-class manufacturing facility in the Philippines. The vessel will
be available for sale or lease, making it immediately financially
feasible for new developers of LNG-related projects.

AG&P recently created a world-leading franchise for small- and mid-scale
LNG infrastructure to build-out a complete virtual LNG pipeline. With
in-house design and engineering capabilities coupled with asset
construction and delivery services, AG&P has the capability to develop
flexible and economic solutions that best fit the customer’s needs and
optimizes an asset’s value.

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 has an unparalleled culture of safety and quality 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

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