South Korean liquefied pure gasoline (LNG) infrastructure firm GAS Entec has secured a contract to construct the Sheikh Sabah Al-Ahmad Al-Jaber Al Sabah onshore regasification LNG Terminal at Port of Aqaba in Jordan.
The tender was awarded to a consortium composed of GAS Entec, group firm AG&P, and native companions Issa Haddadin by state-owned infrastructure firm Aqaba Improvement Company (ADC), who may even be the client for the ability.
The venture’s scope encompasses full engineering, procurement, development, set up, and commissioning (EPCIC) of an onshore LNG regasification facility with capability of 720 million commonplace cubic ft per day. The scope additionally consists of marine works, jetty topside work and different related elements. The venture is predicted to be accomplished, commissioned, and delivered inside 22 months, GAS Entec mentioned in a information launch. The monetary particulars of the contract weren’t disclosed.
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In accordance with the discharge, Jordan depends closely on pure gasoline for its energy and industrial wants however faces challenges with provide reliability. The brand new LNG terminal will present Jordan with the pliability to entry LNG from varied international suppliers, making certain a steady and safe power supply.
GAS Entec and AG&P have been chosen from a aggressive pool of firms “based mostly on their strong credentials and a cheap resolution leveraging GAS Entec’s state-of-the-art know-how of modularizing and fabricating key regasification elements in Korea and transporting them to venture websites worldwide,” the corporate mentioned.
Fuel Entec CEO Chong Ho Kwak mentioned, “This venture is a testomony to our dedication in direction of delivering modern and environment friendly options within the LNG sector and provides to our already esteemed listing of credentials”.
Nishant Sharma, Business Head of GAS Entec and Senior Vice President for AG&P, mentioned, “We’re honored to have been chosen for this crucial venture, which shall considerably contribute to Jordan’s power safety and its financial improvement. The belief ADC has positioned in GAS Entec and AG&P underscores our dedication in direction of customer-centric options and our capacity to ship cost-effective, world-class LNG infrastructure”.
Omar Albadour, Head of Vitality Unit for ADC, mentioned, “We’re privileged to have reputed LNG infrastructure companions like GAS Entec and AG&P to ship this strategic venture, which shall be a milestone in our nation’s continued transition in direction of dependable power. We stay up for the venture’s commissioning by [the second quarter of] 2026”.
The portfolio of GAS Entec and AG&P consists of LNG terminals in Indonesia and the Philippines, 4 floating storage regasification unit (FSRU) conversions globally, two LNG floating storage unit provider conversions, and three LNG bunkering ships in North America, Japan, and Singapore, respectively.
GAS Entec is an power advisory and LNG infrastructure firm. It makes a speciality of end-to-end LNG infrastructure options, together with LNG-to-power, LNG bunker vessels, small-scale LNG floating terminals and LNGC-to-FSRU conversions. AG&P describes itself as a world chief in growing and working LNG and gasoline logistics and distribution options. AG&P supplies the infrastructure to entry pure gasoline safely and simply in new and rising markets.
Aqaba Improvement Company (ADC) is owned by Authorities of Jordan and the Aqaba Particular Financial Zone Authority (ASEZA). It was established to construct strategic infrastructure within the ASEZA area in Jordan and to optimize non-public sector participation of their improvement and administration to stimulate the financial system and promote development and improvement of ASEZA within the nation.
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