AG&P AND CHART SIGN MOU TO EXPAND NATURAL GAS USE.

 
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Atlantic Gulf & Pacific Company (AG&P) has entered into a Memorandum of Understanding (MoU) with Chart Industries, Inc. (Chart). Under the MoU, both companies will develop small-scale LNG infrastructure to serve the growing number of countries seeking to import and distribute natural gas.

AG&P and Chart will serve the emerging markets' increasing demand for LNG as a cleaner and cheaper alternative energy source for power generation, shipping fuel, ground transport and industrial use. Both companies will focus on developing LNG infrastructure for the global transport sector, including automotive, marine, bunkering, railways, and other related industries. Beyond transport, the companies will continue to develop flexible, cost-optimized LNG applications and logistics solutions to provide easier and more affordable access to gas for new and under-served customers. For more information about AG&P, visit www.agp.ph.

The MoU covers the design and development of:

- LNG storage solutions -...

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