Atlantic, Gulf & Pacific International Holdings (AG&P), the downstream LNG platform which focuses on infrastructure and logistics to bring LNG to important markets, announced the successful conversion of the 137,512 cubic meter LNG carrier called ISH into a Floating Storage Unit (FSU).
The ISH is a central component of the first Philippines LNG Import Terminal (PHLNG). Ready to be docked at AG&P’s PHLNG facility in Batangas, the FSU is part of the combined offshore-onshore import terminal that will have an initial capacity of 5 million tonnes per annum (MTPA).
The hybrid PHLNG terminal is designed to provide its customers with resiliency of supply and high availability, even during storms.