Adani Ports’ arm wins 10-year marine services contract for Argentina's first LNG export to India

Adani Ports and Special Economic Zone Ltd. | Port | Transportation & Logistics | BSE: 532921 | NSE: ADANIPORTS

08 Jun 2026 Evaluate

Adani Ports and Special Economic Zone’s (APSEZ) step-down subsidiary -- The Adani Harbour International FZCO has secured a 10-year marine services contract for Argentina's first liquefied natural gas (LNG) export, marking APSEZ's entry into South America and expanding its international marine services footprint.

The contract has been awarded to the Adani Harbour International FZCO through a consortium with Argentina-based Meridian Group following a global competitive tender process conducted by Southern Energy S.A. (SESA). The award strengthens APSEZ’s presence across international energy logistics value chains and underscores its growing 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 scope will be supported by four high-specification tugboats, one anchor handling tug supply vessel and one crew boat.

Argentina is emerging as a major new LNG supplier, with agreements in place to support exports of up to 10 million tonnes (MT) annually to India from 2027. The Southern Energy FLNG project is expected to play an important role in connecting this growing supply base with global demand centres.

The Southern Energy FLNG project is being developed by SESA, a joint venture between Golar LNG and Pan American Energy (PAE). Located in the San Matias Gulf in Argentina’s Rio Negro Province, the project will liquefy natural gas from the General San Martin pipeline aboard the Floating Liquefied Natural Gas (FLNG) vessel Hilli Episeyo, with commercial operations expected to begin in September 2027.

In its first phase, the project is expected to produce 2.45 MT of LNG annually, equivalent to around 28 cargoes per year, making it Argentina's first operational LNG export project. The contract will be executed through Meridian Transportes Maritimos S.A., the 51:49 joint venture between Adani Harbour International FZCO and Meridian Group.

Adani Ports and Special Economic Zone (APSEZ) is the largest commercial ports operator in India accounting for nearly one-fourth of the cargo movement in the country.

Adani Ports &Special Share Price

1800.00 -23.10 (-1.27%)

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Company Name	CMP
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