AG&P unveils first ultra-shallow draft small LNG carrier

A new type of liquefied natural gas (LNG) transport may soon be plying local waters after infrastructure solutions provider AG&P (Atlantic, Gulf and Pacific Company) announced on Friday that its first small LNG carrier (LNGC) would be built in the Philippines.

Speaking at the 4th Annual Gas Asia Summit in Singapore, Mr. Derek Thomas, Head of AG&P’s Advanced Research Unit said the company will finance and build the 4000 to 8000 cubic meter capacity LNGC in 16 months at its world-class manufacturing facility in the Philippines. The vessel will be available for sale or lease, making it immediately available for new developers of LNG-related projects.