New Delhi, June 8 -- Adani Ports and Special Economic Zone Ltd. (APSEZ) secured a 10-year marine services contract for Argentina's first liquefied natural gas (LNG) export to India, marking the company's entry into South America.

The contract was awarded to APSEZ's step-down subsidiary, The Adani Harbour International FZCO, through a consortium with Argentina-based Meridian Group. The award followed a global competitive tender process conducted by Southern Energy S.A. (SESA). According to the company, the project is supported by an estimated investment commitment of USD 70 million.

Under the agreement, the consortium will deliver end-to-end marine services for the Southern Energy FLNG project. The scope of work includes tugboat operatio...