{"id":70419,"date":"2023-05-01T00:00:00","date_gmt":"2023-05-01T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2023\/05\/01\/adnoc-ls-commissions-an-fsu-at-philippines-terminal-plus-dhl-expands-operations-to-turkish-cargos-smart-cargo-facility\/"},"modified":"2023-05-01T00:00:00","modified_gmt":"2023-05-01T00:00:00","slug":"adnoc-ls-commissions-an-fsu-at-philippines-terminal-plus-dhl-expands-operations-to-turkish-cargos-smart-cargo-facility","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2023\/05\/01\/adnoc-ls-commissions-an-fsu-at-philippines-terminal-plus-dhl-expands-operations-to-turkish-cargos-smart-cargo-facility\/","title":{"rendered":"ADNOC L&S commissions an FSU at Philippines terminal. PLUS: DHL expands operations to Turkish Cargo\u2019s smart cargo facility"},"content":{"rendered":"

ENERGY-<\/span><\/p>\n

ADNOC Logistics & Services (ADNOC L&S) has successfully berthed an<\/span> LNG carrier at the AG&P Philippines LNG (PHLNG) Import Terminal in Batangas Bay<\/span>, according to a <\/span>press release<\/a><\/span>. The LNG carrier, Ish, is now being commissioned as a Floating Storage Unit (FSU) at the new terminal which is the first of its kind in the Philippines. The vessel has a supply of 137.5k cubic meters and was repurposed as an FSU over a five-month period by AG&P subsidiary GasEntec, the statement added. <\/span><\/p>\n

The FSU will be supplied, maintained, and operated by ADNOC L&S.<\/span> The LNG carrier was chartered out to AG&P under an 11-year agreement, with an option for a four-year extension, the statement said. The new arrangement will supplement ADNOC L&S\u2019 FSU revenues and extend the operational life of the repurposed vessel. Moreover, it will also bolster the resilience of PHLNG's LNG supply. The project also builds upon a long-term charter agreement between ADNOC L&S and AG&P which saw a similar arrangement in India. <\/span><\/p>\n

ALSO WORTH KNOWING-<\/span><\/p>\n