Adani Ports and Special Economic Zone Ltd. (APSEZ), India’s largest integrated transport utility, has secured a 10-year marine services contract for Argentina’s first liquefied natural gas (LNG) export project valued at $70 million., marking its entry into South America.
The contract has been awarded to APSEZ’s step-down subsidiary, The Adani Harbour International FZCO, through a consortium with Argentina-based Meridian Group following a global competitive tender process conducted by Southern Energy S.A. (SESA).
International expansion
The award strengthens APSEZ’s presence in international energy logistics value chains and underscores its growing capabilities in specialised marine services.
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.
Marine operations
The contract will be supported by four high-specification tugboats, one anchor handling tug supply vessel and one crew boat.
“With marine operations in 12 countries and a growing fleet of marine assets supporting ports, LNG terminals, national oil companies, refineries and offshore facilities, we bring deep operational expertise to complex maritime environments,” APSEZ CEO, Ashwani Gupta said.
LNG export project
“By combining these capabilities with strong local partnerships, we are helping create reliable maritime ecosystems that enable new energy trade corridors and strengthen long-term supply resilience,” he added.
Argentina is emerging as a major 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.
Project Details
The Southern Energy FLNG project is being developed by SESA, a joint venture between Golar LNG and Pan American Energy (PAE).
The project will liquefy natural gas from the General San Martin pipeline aboard the floating liquefied natural gas vessel Hilli Episeyo, with commercial operations expected to commence in September 2027. In the first phase, the project is expected to produce 2.45 million tonnes of LNG annually, equivalent to about 28 cargoes a 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 Adani Harbour International FZCO and Meridian Group.