NEW DELHI: Adani Ports and Special Economic Zone Ltd. (APSEZ) has secured a 10-year marine services contract for Argentina’s first Liquefied Natural Gas (LNG) export project, marking its entry into South America and expanding its international marine services operations.
The contract has been awarded to APSEZ’s step-down subsidiary, the Adani Harbour International FZCO, through a consortium with Argentina-based Meridian Group after a global competitive tender process conducted by Southern Energy S.A. (SESA).
The development strengthens APSEZ’s position in global energy logistics value chains and expands its specialised marine services portfolio, Adani Group said in a press release.
Under the agreement, the consortium will provide end-to-end marine services, including tugboat operations for LNG carriers, offshore logistics and supply support, and crew transfer services. The operations will be supported by four high-specification tugboats, one anchor handling tug supply vessel, and one crew boat.
APSEZ Whole-time Director and Chief Executive Officer Ashwani Gupta said the project reflects the company’s growing capability to support large-scale energy infrastructure projects across geographies. He added that with marine operations across 12 countries and a growing fleet serving ports, LNG terminals, national oil companies, refineries, and offshore facilities, the company brings deep operational expertise to complex maritime environments.
He further noted that combining these capabilities with local partnerships would help build reliable maritime ecosystems supporting new energy trade corridors and long-term supply resilience.
According to the details shared, Argentina is emerging as a significant LNG supplier, with agreements in place to support exports of up to 10 million tonnes annually to India from 2027. The Southern Energy FLNG project is expected to play a key role in linking this supply base with global demand centres.
The project is being developed by SESA, a joint venture between Golar LNG and Pan American Energy. Located in the San Matías Gulf in Argentina’s Río Negro Province, the facility will liquefy natural gas from the General San Martín pipeline aboard the floating LNG vessel Hilli Episeyo, with commercial operations expected to begin in September 2027.
In its first phase, the project is projected to produce 2.45 million tonnes of LNG annually, equivalent to around 28 cargoes per year, making it Argentina’s first operational LNG export project.
The contract will be executed through Meridian Transportes Marítimos S.A., a 51:49 joint venture between The Adani Harbour International FZCO and Meridian Group.
In a note on the development, APSEZ said the expansion aligns with its broader international strategy under the Adani Group-backed integrated transport and logistics network.
