Gaztransport & Technigaz (GTT), an engineering company specialised in the design of membrane containment systems for the transportation and storage of liquefied gases, has announced the signing of a Technical Assistance and License Agreement (TALA) with
Atlantic, Gulf and Pacific Company (AG&P) - a provider of modular industrial delivery solutions - for the construction of membrane systems for onshore tanks, LNG bunkering infrastructure, LNG carriers and other LNG-related GTT systems.
The two companies signed the agreement during the 18th International Conference and Exhibition on Liquefied Natural Gas (LNG 18) in Perth, Australia, which will make AG&P only the third company in the world to be certified as a licensed outfitter (installer subcontractor) to utilise GTT's technologies.
In a statement, GTT said: "The partnership will enable GTT and AG&P to offer customers across the LNG supply chain proprietary solutions to meet their specific requirements with faster delivery times at significantly lower overall costs. Using GTT's innovative technologies, AG&P will be able to drive down costs on all membrane containment systems by completely standardizing membrane storage systems installation, thereby maximising efficiencies."
GTT explained that AG&P had successfully completed GTT's qualification program, which included employee training and AG&P proving its ability to build membrane containment systems to the highest international standards.
GTT and AG&P are to work on the construction and development of the supply chain related to small-scale LNG. With GTT as partner, AG&P will offer complete solutions to gas project developers for both onshore and offshore storage in addition to LNG transportation through small LNG carriers or barges.
One market mentioned by GTT in its statement is Southeast Asia, where LNG is increasingly being used for power generation.
"This licensing agreement will enable AG&P to push LNG distribution into markets where there is currently a huge need for cleaner, more efficient and lower cost energy sources," said Jose P. Leviste Jr, Chairman of AG&P. "The real benefit of these smaller packaged modular LNG solutions is that millions of people in countries around the world from Indonesia to the Caribbean to my homeland in the Philippines and beyond will for the first time have access to higher quality, sustainable and affordable LNG-driven power," he added.
Philippe Berterottière, Chief Executive Officer of GTT, said: "We are delighted to count AG&P among our licensed companies. This new cooperation is fully integrated into our commitment to offer increasingly tailored solutions to develop the LNG chain throughout the world and so to make this energy more accessible."
