Adani Ports and Special Economic Zone (APSEZ) announced on Monday that it has secured a 10-year marine services contract for Argentina's first liquefied natural gas (LNG) export project, a deal involving an estimated investment commitment of $70 million and marking the company's entry into South America.
The contract, secured through APSEZ's subsidiary Adani Harbour International in partnership with Argentina's Meridian Group, follows an international bidding process conducted by Southern Energy S.A. (SESA), the developer of the LNG project.