Atlantic, Gulf & Pacific Company (AG&P) is actively negotiating to acquire the liquefied natural gas (LNG) terminal in Jaigarh, Maharashtra, from Darshan Hiranandani H-Energy. This potential acquisition represents a strategic initiative for AG&P, focused on enhancing its domestic LNG sourcing and expanding its city gas distribution capabilities across India.
The Jaigarh terminal, managed by HE Terminals and featuring a sophisticated LNG regasification project, is well-suited for AG&P's operational needs. This acquisition would not only improve AG&P's infrastructure but also position the company to respond effectively to the increasing demand for natural gas in the Indian market.
As the country moves towards more sustainable energy sources, securing the Jaigarh terminal could significantly enhance AG&P's market presence. By leveraging this asset, AG&P aims to provide cleaner energy solutions, supporting India's energy transition while meeting the evolving needs of its consumers.