May 19, 2016 - 11:40 PM EDT
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AG&P Brings Small-Scale LNG Solution to the Philippines

MANILA, Philippines--(BUSINESS WIRE)-- AG&P (Atlantic, Gulf and Pacific Company), the leading modular industrial solutions provider, announced the introduction of its small-scale LNG solutions 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 third annual Power and Electricity World Philippines conference in Manila.

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. More importantly, small-scale LNG provides a clean solution without the soot and contaminants of old coal. With the recent decrease in the cost of LNG, such technology is now not only viable, but also strongly commercial.

Said Mr. Altura, “Philippines has the potential to be a trailblazer in delivering innovative small-scale LNG solutions that will make power more accessible and affordable. AG&P is poised to transform the way energy is being delivered in the Philippines and Southeast Asia with the introduction of our virtual LNG pipeline, comprising a network of smaller-scale economical delivery systems such as vessels, re-gasification terminals and smaller power plants with faster delivery times.”

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

About AG&P

The Atlantic, Gulf & Pacific Company (AG&P) provides modular industrial delivery solutions across the international energy and natural resources industry. Operating from two industry-leading fabrication and assembly yards totalling over 150 hectares in the Philippines, AG&P supplies mission- ready solutions through cutting-edge engineering, fabrication and contracting services to facilitate the success of infrastructure projects, both locally and globally. 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. Further information can be found on the AG&P website at www.agp.ph

AG&P
Christine Jones, +61409635675
Head: Global Communications
[email protected]
or
Burson-Marsteller
Jennifer Pooley, +61439920980
Account Director
[email protected]

Source: AG&P

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Source: Equities.com News (May 19, 2016 - 11:40 PM EDT)

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