Adnoc vessel to supply LNG to India

23 December 2022
Adnoc Logistics & Services carrier to serve as LNG floating storage unit


Adnoc Logistics & Services (Adnoc L&S), a subsidiary of Abu Dhabi National Oil Company (Adnoc Group), has signed a charter agreement with Singapore-based Atlantic Gulf & Pacific (AG&P) to lease one of its liquefied natural gas (LNG) vessels.

As part of the 11-year agreement, AG&P will use Adnoc L&S’ LNG carrier Ghasha as a floating storage unit (FSU) at its planned LNG import terminal in India. The contract has the option of a four-year extension.

AG&P’s LNG import terminal in India is expected to be commissioned in the second half of 2024. The integrated terminal will have an initial capacity of 5 million tonnes a year.

Ghasha was built in Japan and is a moss-type containment vessel with a capacity of around 138,000 cubic metres.

The operations and maintenance of the FSU will be undertaken by Adnoc L&S, while GAS Entec, an AG&P subsidiary, will complete the conversion of the LNG carrier to an FSU. The FSU will be moored alongside a regasification unit manufactured by the subsidiary.

The new contract between Adnoc L&S and AG&P follows two similar agreements for FSUs in India and the Philippines.

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