Adani Ports Secures 10-Year Marine Contract For Argentina LNG Export

Adani Ports and Special Economic Zone Ltd has secured a 10-year marine services contract for Argentina's first liquefied natural gas export project, marking the group's entry into South America and expanding its international services footprint. The contract was awarded to Adani Harbour International FZCO, a step-down subsidiary of APSEZ, through a consortium with Argentina-based Meridian Group after a global competitive tender by Southern Energy SA. The award reinforces APSEZ's presence across energy logistics value chains and its 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. The project will be supported by four high-specification tugboats, one anchor handling tug supply vessel and one crew boat, and it will be executed through Meridian Transportes Maritimos SA, a 51:49 joint venture between Adani Harbour International FZCO and Meridian Group. APSEZ said the arrangement combines its fleet and local partnerships to enable reliable maritime ecosystems for new energy trade corridors.

APSEZ noted that Argentina is emerging as a major new LNG supplier, with agreements in place to support exports of up to 10 million (mn) t annually to India from 2027. The Southern Energy floating liquefied natural gas project is being developed by SESA, a joint venture between Golar LNG and Pan American Energy, and will liquefy natural gas from the General San Martin pipeline aboard the Floating Liquefied Natural Gas vessel Hilli Episeyo. Commercial operations are expected to begin in September 2027, connecting the supply base with global demand centres.

In its first phase the project is expected to produce 2.45 mn t annually, equivalent to approximately 28 cargoes per year, making it Argentina's first operational LNG export project. APSEZ said its marine operations across 12 countries and its growing fleet of assets support ports, terminals, national oil companies, refineries and offshore facilities and provide the operational expertise required for complex maritime environments. The company indicated that this contract will strengthen long-term supply resilience through combined capabilities and local partnerships.

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