Adani Ports Secures Argentina LNG Marine Contract; Shares Trade Flat

Mumbai, June 8: Adani Ports and Special Economic Zone (APSEZ) has secured a 10-year marine services contract for Argentina’s first liquefied natural gas (LNG) export project, marking the company’s entry into South America’s marine logistics market.

According to the company’s media release on Monday, the contract has been awarded to APSEZ’s step-down subsidiary, Adani Harbour International FZCO, through a consortium with Argentina-based Meridian Group.

The contract relates to the Southern Energy FLNG project and includes deployment of marine services such as tugboat operations for LNG carriers, offshore logistics support and crew transfer services.

APSEZ said the project is expected to support LNG exports of up to 10 million tonnes annually from Argentina beginning 2027.

Project Strengthens Global Marine Logistics Presence

The company said the contract would be executed through Meridian Transportes Marítimos S.A., a joint venture between Adani Harbour International FZCO and Meridian Group.

The Southern Energy FLNG project is being developed by Southern Energy S.A. (SESA), a joint venture between Golar LNG and Pan American Energy, in Argentina’s Río Negro Province.

Commercial operations for the project are expected to begin in September 2027 using the floating LNG vessel Hilli Episeyo.

Ashwani Gupta, Whole-time Director and Chief Executive Officer of APSEZ, said the project reflects the company’s strategy to support large-scale energy infrastructure projects globally while expanding its specialised marine services business.

The company added that the award strengthens APSEZ’s position across international energy logistics value chains and deepens energy linkages between India and Argentina.

Stock Market Snapshot

Adani Ports share price traded largely unchanged following the announcement.

The stock traded at ₹1,824.10 on the NSE, down marginally by 0.0055% or ₹0.10 as of 11:36 AM IST on June 8, 2026, according to market data.

Despite muted immediate market reaction, the contract adds a long-term international revenue opportunity for APSEZ’s marine and offshore logistics operations.

Source:

• https://www.nseindia.com/get-quote/equity/ADANIPORTS/Adani-Ports-and-Special-Economic-Zone-Limited
• https://nsearchives.nseindia.com/corporate/rkbhagia_08062026093217_APSEZSE08062026.pdf