Early LNG Cargo Signals Difficult Months Ahead for Argentina

Wednesday, 23 March 2022

The delivery of an LNG cargo to Argentina on Sunday last week carries significance beyond its unseasonal timing. At a price more than three times the average landed price last year, which was reflective of a generally tight market at the time of purchase in early February, Argentina needs to brace for a much-inflated gas bill in the coming southern hemisphere winter.

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