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Project Insights

Argentina may rue absence of contingency FSRU

The Exemplar was underutilised, but its departure significantly reduces the flexibility of Argentina’s gas supply network The Exemplar was underutilised, but its departure significantly reduces the flexibility of Argentina’s gas supply network.
By Elena Mataro 12 November 2018 Americas / LNG 0 33270
The Bahia Blanca FSRU in operation in Argentina. (Enarsa)

Rising domestic gas production has drastically reduced Argentina’s reliance on imported LNG, but dispensing with the Exemplar – one of the country’s two FSRUs – could prove to be a gamble.

The Excelerate Energy vessel departed Bahía Blanca on 29 October after Buenos Aires opted not to renew its lease. The Exemplar arrived at Bahía Blanca in June 2008 and was followed in 2011 by the Excelerate Expedient, which was moored at Escobar in the Paraná River 50 km from Buenos Aires.

Growth in domestic production has...