Economy, Banking and Finance · 9 June 2026
Adani Ports and Special Economic Zone (APSEZ) secures 10-year marine services contract for Argentina's first LNG export project
Exam-focused facts from the 9 June 2026 current affairs briefing.
Key facts
- 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.
- The deal involves an estimated investment commitment of $70 million and marks the entry of APSEZ into South America.
- The contract was secured through APSEZ's subsidiary Adani Harbour International in partnership with Meridian Group, following a bidding process by Southern Energy S.A. (SESA).
- Commercial operations are expected to begin in September 2027, with the first phase producing approximately 2.45 million tonnes of LNG annually.
- Argentina plans to export gas to India starting from 2027.