AMO To Design Alaskan LNG Barges

September 2, 1999

Argent Marine Operations (AMO) has been contracted by Alaska Intrastate Gas Company (AIG) to design, develop, construct and operate barges to transport liquefied natural gas (LNG) from Prince Rupert, British Columbia to the Alaska panhandle, Gulf of Alaska and Kodiak region. The barges will be specially designed by AMO for the demanding conditions of the Canada to Alaska trade. According to Jay Gottlieb of Argent Marine Companies, of which AMO is a unit, "Because of the increasing availability of LNG on a world-wide basis, the development of smaller scale secondary markets for importation of LNG is becoming more feasible. AMO's barge design can deliver transportation economics which will prompt more sponsors to consider projects using LNG as an energy source where smaller scale has previously been an obstacle."

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