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Policy & Regulation

Argentina takes first step towards LNG exports

Argentina is set to start exporting its gas via an FLNG unit, but a larger liquefaction project will be needed to absorb its rising output Argentina is set to start exporting its gas via an FLNG unit, but a larger liquefaction project will be needed to absorb its rising output.
By Elena Mataro 23 November 2018 Americas / Exploration & Production 0 33419
Caribbean FLNG will be renamed Tango FLNG. (Wison Offshore & Marine)

Rising shale gas output has seen Argentina move forwards with its plans to export LNG via a floating liquefaction plant, but any impact on global supply will be limited until Buenos Aires commits to a larger, onshore facility.

State-run YPF signed an agreement on Wednesday to lease Exmar’s Caribbean FLNG vessel, which will be be renamed Tango FLNG. The vessel will be deployed to Bahía Blanca, a port on Argentina’s Atlantic coast around 600 km southwest of Buenos Aires, from which YPF plans to export 500,000...