Argentina banking on Uncle Sam’s LNG for winter

Argentina is taking advantage of cheap LNG prices to meet demand this winter. Sabine Pass could be its perfect supplier, experts say Argentina is taking advantage of cheap LNG prices to meet demand this winter. Sabine Pass could be its perfect supplier, experts say.
By Chris Noon 17 May 2016 0 20321
Bahía Blanca. Argentina’s second LNG cargo from Sabine Pass arrived there last week. (YPF)

Argentina could take advantage of cheap LNG from the United States during the southern hemisphere winter as the Latin American country turns back to imports to meet demand, experts have told Interfax Natural Gas Daily.

Argentina’s energy minister, Juan José Aranguren, told local press last week the country would import up to 90 LNG cargoes in 2016. He added that up to 41 cargoes would be imported during the country’s winter, which runs from June to August.

Andres Rojas, an LNG analyst at IHS Waterborne,...

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