AG&P Building wins over US $ 770 million in backlog
Manila, Philippines – (BUSINESS WIRE) – Atlantic Gulf & Pacific Firm (AG&P) and its subsidiaries enter the second quarter of 2021 with a file backlog of contracted tasks totaling over US $ 770 million overlaying numerous flagship initiatives within the Philippines, India, america United and elsewhere. The order e book consists of work on behalf of 5 land or marine LNG terminals, a petrochemical complicated, a modular oil refinery, an edible oil depot, a brand new LNG bunkering vessel and engineering for others. maritime LNG functions. AG&P can also be anticipated to safe extra tasks within the LNG and energy sectors throughout this 12 months.
“AG & P’s building enterprise is predicted to have its finest 12 months in its 121-year historical past, with an already contracted backlog of over US $ 770 million unfold over 3 years. It’s a revolutionary 12 months for AG&P because it participates in important infrastructure tasks, significantly in Asia-Pacific, which is able to speed up enterprise growth, create jobs, clear the air and set off international financial and social progress ”, mentioned Augusto Gan, president of AG&P.
“AG&P is made up of skilled, multicultural leaders and a extremely expert and well-trained workforce that has remodeled AG&P right into a world-class modular building and website firm that primarily caters to the development business. power, right into a leading edge firm – a worldwide EPC (Engineering Procurement & Building) know-how firm specializing in numerous LNG infrastructure options starting from bunkering, transport, storage, regasification and distribution of LNG ”, said Alexander Gamboa, SVP, Enterprise Improvement, AG&P Building.
Just lately, AG&P acquired the Discover of Process (NTP) from the Philippine Division of Vitality (DOE) for the event of its LNG import and regasification terminal in Batangas Bay, known as Philippines LNG (PLNG) . PLNG will retailer LNG and ship pure fuel to energy vegetation, industrial and business clients and different customers, ushering in a brand new period for the nation of fresh and environment friendly gasoline and doing its half for the Philippines to combat and win. investments and jobs within the nation. years and a long time to come back.
AG&P owns and operates a state-of-the-art 100 hectare manufacturing and meeting yard situated in Batangas Bay, Philippines, with direct open water entry that enables AG&P to prefab, fabricate and assemble heavy supplies. , massive, complicated and dense course of models and modules, pipe racks, numerous pre-assembled buildings for manufacturing unit, constructing and marine functions, in addition to digital homes and electrical and instrumentation management rooms absolutely commissioned, mission prepared, and extra.
Atlantic Gulf & Pacific (AG&P) is a worldwide chief within the growth and operation of LNG and fuel logistics and distribution options. AG&P delivers LNG and fuel to a wide range of finish clients. We act because the proprietor and supplier of providers overlaying the engineering, venture administration, building and growth of onshore and offshore fuel infrastructure, connecting suppliers with downstream clients. AG&P is partially owned by Osaka Gasoline and JBIC of Japan.