GTT and AG&P sign licensing agreement
The TALA is for the construction of membrane systems for onshore tanks, LNG bunkering infrastructure, LNG carriers and other LNG-related GTT systems.
It was signed during the 18th International Conference and Exhibition on Liquefied Natural Gas in Perth, Australia.
“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 Leviste Jr, chairman of AG&P.
He added: “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.”
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 aim to reduce costs on all membrane containment systems by completely standardizing membrane storage systems installation, thereby maximising efficiencies.
Philippe Berterottière, CEO 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.”
The agreement follows AG&P’s successful completion of GTT’s rigorous qualification program which included employee training and AG&P proving its ability to build membrane containment systems to the highest international standards.
