LNG

Argentina said it would take some time before the nation becomes a global player in the liquefied natural gas export market from shale-gas production because of available volumes and costs as well as finding customers.

French energy major Total has sanctioned the development of the first phase of the Aguada Pichana Este project in the giant Vaca Muerta shale-gas play in Argentina that will lessen the South American nation’s dependence on LNG imports.