The LNG terminal in the port city of Aqaba is critical for
Jordan's energy independence and
security
- Jordan, a country with a
population of 11 M with a GDP of
US$ 48.6 B has historically relied on
pipeline gas as a key fuel for its power and industrial
requirements
- The terminal shall be the first permanent onshore LNG
terminal facility in the Kingdom.
- Project's scope encompasses full engineering, procurement,
construction, installation, and commissioning (EPCIC) of a 720
mmscfd onshore regasification facility including marine works,
jetty topside work and other associated components.
- Expected commissioning of the terminal in Q2 2026.
- Aqaba Development Corporation (ADC), the state-owned
infrastructure company, shall be the customer for the
facility.
SEOUL, South Korea,
Aug. 20, 2024 /PRNewswire/ -- Leading
LNG Infrastructure company GAS Entec with its group company
AG&P and local partners Issa
Haddadin, together referred as Consortium, has been awarded
a contract to build Sheikh Sabah Al-Ahmad Al-Jaber Al Sabah onshore
regasification LNG Terminal at Port of Aqaba in the Kingdom of
Jordan. The tender was awarded to
the Consortium by Aqaba Development Corporation (ADC), the
state-owned infrastructure company and the customer for the
facility.
The project's scope encompasses full engineering, procurement,
construction, installation, and commissioning (EPCIC) of a 720
mmscfd onshore LNG regasification facility, marine works, jetty
topside work and other associated components and shall be
completed, commissioned and delivered within 22 months.
Widely regarded as the most significant energy project in
Jordan, the terminal shall play a
crucial role in enhancing the national economy, trade, and services
environment while bolstering Jordan's energy security.
Jordan relies heavily on
natural gas for its power and industrial needs but faces challenges
with supply reliability. The new LNG terminal will provide
Jordan with the flexibility to
access LNG from various global suppliers, ensuring a stable and
secure energy source.
GAS Entec and AG&P were selected from a competitive pool of
companies based on their robust credentials and a cost-effective
solution leveraging GAS Entec's state-of-the-art technology of
modularizing and fabricating key regasification components in Korea
and transporting them to project sites world-wide.
This prestigious award marks a significant milestone for GAS
Entec and AG&P and underscores their global standing in the LNG
industry.
Chong Ho Kwak, Chief Executive
Officer, GAS Entec said, "This project is a testament to our
commitment towards delivering innovative and efficient solutions in
the LNG sector and adds to our already esteemed list of
credentials."
Nishant Sharma, Commercial Head
of GAS Entec and Senior Vice President, AG&P said, "We are
honored to have been chosen for this critical project, which shall
significantly contribute to Jordan's energy security and its economic
development. The trust ADC has placed in GAS Entec and AG&P
underscores our dedication towards customer-centric solutions and
our ability to deliver cost-effective, world-class LNG
infrastructure."
Omar Albadour, Head of Energy Unit, ADC said, "We are privileged
to have reputed LNG Infrastructure partners like GAS Entec and
AG&P to deliver this strategic project, which shall be a
milestone in our country's continued transition towards reliable
energy. We look forward to the project's commissioning by Q2
2026."
The Sheikh Sabah Al-Ahmad Al-Jaber Al Sabah onshore
regasification LNG Terminal Project will enhance GAS Entec and
AG&P's already esteemed profile as leading LNG terminal
developers. This award complements their extensive portfolio,
including LNG terminals in Indonesia and the
Philippines, four FSRU conversions globally, two LNG FSU
carrier conversions, and three LNG bunkering ships in North America, Japan, and Singapore respectively.
About GAS Entec:
GAS Entec, headquartered in South
Korea, is an energy advisory and LNG Infrastructure company
leading the energy transition to cleaner fuels. It specializes in
end-to-end LNG infrastructure solutions, including LNG-to-power,
LNG bunker vessels, small-scale LNG floating terminals and
LNGC-to-FSRU conversions. With its Korean associates, Donghwa Entec
(www.dh.co.kr) and Donghwa Pneutec (http://www.dhkomp.co.kr/) GAS
Entec is at the forefront of innovation in the energy
industry.
https://gasentec.com/
For enquiries: info@agpjordan.com
About AG&P International
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.
https://agpglobal.com/
For enquiries: info@agpjordan.com
About ADC:
Aqaba Development Corporation (ADC) is owned by Government of
Jordan and the Aqaba Special
Economic Zone Authority (ASEZA) and was established to build
strategic infrastructure in the ASEZA region in Jordan and to optimize private sector
participation in their development and management to stimulate the
economy and promote growth and development of ASEZA in Jordan
https://www.adc.jo/
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