PR Newswire
09 Jun 2022, 10:04 GMT+10
SINGAPORE, June 9, 2022 /PRNewswire/ -- Atlantic, Gulf & Pacific International Holdings (AG&P), a leading downstream LNG platform and industrial company, has been adjudged as the APAC Company of the Year for 2022 in the LNG category by Energy Council. The Energy Council's Annual Awards of Excellence represents a global benchmark of excellence for the oil & gas and natural gas / LNG sectors. AG&P was recognised and honoured 'for being at the forefront of value creation, innovation and exceptional performance' over the last 12 months.
Mr. Joseph Sigelman, Chairman & CEO, AG&P Group, said, "AG&P cherishes this distinguished award from the Energy Council. After years of anticipation, we find ourselves in a revolutionary transformation of energy. There is a great increase in LNG export coming in the next years and there is clear demand from industry, power and home and vehicle owners who want clean, competitive fuel. AG&P's mission is to bridge the coming surge in gas supply with the customers who need it, by providing fast, standardized infrastructure and logistics.
This award recognizes the hard work that our team has invested to develop the terminals and city gas networks that we have already rolled out and are forthcoming across South and Southeast Asia and beyond. We are proud of our strategy of ensuring that people and industry have the choice of a fuel that will help them prioritize the environment and reduce overall costs at the same time. We profoundly thank the Energy Council for focusing on this important area."
AG&P is leading the transition to clean energy through its advanced technological energy solutions. AG&P develops LNG ecosystems that unlocks underserved/ unserved markets by delivering customised design powered by innovative standardized plug-and-play products that are commercially compelling and allow for rapid adoption of natural gas.
In May 2022, AG&P's subsidiary GAS Entec completed the conversion of a 125,000m LNG carrier (LNGC) for KARMOL, a joint-venture between Turkey's Karpowership and Japan's Mitsui OSK Lines (MOL), into the world's first Modular Floating Storage and Regasification Unit (M-FSRU). The M-FSRU was built with Gas Entec's standard, modular RegasTainer technology to deliver gas to Karpowership's 236 MW Floating Power Barge in Senegal, the first country in West Africa to transition to clean gas energy.
This year, AG&P will also commission the first LNG import and regasification terminal in Batangas Bay, called the Philippines LNG (PHLNG) to supply gas to one of the largest power producers in the country. In addition, PHLNG will store LNG and dispatch natural gas to power industrial and commercial customers and other consumers, opening up for the country a new era of clean, efficient fuel. In India, AG&P is the largest foreign player with a CGD portfolio that includes 12 concessions, covering 28 districts across 8% of India and ~80 MM people.
About AG&P
Atlantic Gulf & Pacific (AG&P) is a global leader in developing and running LNG and gas logistics and distribution solutions. AG&P provides the infrastructure to access natural gas safely and easily in new and growing markets. We act as an owner and as a service provider covering the development, financing, engineering, procurement, project management and construction for onshore and offshore gas infrastructure, linking suppliers to downstream customers. www.agpglobal.com
Photo: https://mma.prnewswire.com/media/1836165/Joe_Sigelman_AG_P.jpg
SOURCE AG&P
Get a daily dose of Malaysia Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Malaysia Sun.
More InformationWASHINGTON, D.C.: President Donald Trump says the United States could soon reach a trade deal with India. He believes this deal would...
New Delhi [India], July 9 (ANI): Delhi Police have apprehended seven Bangladeshi nationals, including five who were posing as transgender...
(250709) -- KAMPONG CHAM, July 9, 2025 (Xinhua) -- Cambodian Prime Minister Hun Manet (front) plants a tree during the celebration...
Srinagar (Jammu and Kashmir) [India], July 9 (ANI): An Amarnath Yatra pilgrim from the Philippines, who is a member of the Indian diaspora,...
New Delhi [India], July 9 (ANI): Global money laundering and terrorist financing watchdog FATF has for the first time introduced the...
New Delhi [India], July 9 (ANI): Former Australian fast bowler Gordon Rorke passed away at the age of 87. Rorke, known for his towering...
LONDON, U.K.: This week, BP appointed Simon Henry, former Shell finance chief, to its board as a non-executive director effective September...
OTTAWA, Canada: With Canada Post struggling to maintain operations amid labour unrest, rivals like FedEx and UPS are stepping in to...
NEW YORK, New York - U.S. and global markets showed a mixed performance in Tuesday's trading session, with some indices edging higher...
PARIS, France: French military and intelligence officials have accused China of orchestrating a covert campaign to damage the reputation...
NEW DELHI, India: Birkenstock is stepping up its efforts to protect its iconic sandals in India, as local legal representatives conducted...
HONG KONG: China has fired back at the European Union in an escalating trade dispute by imposing new restrictions on medical device...