LNG

Bladex has closed a US$125 million syndicated financing with a four-year tenor for Southern Energy S.A. (SESA), the consortium developing Argentina’s first LNG export project. The deal is mobilising capital in a bid to monetise Vaca Muerta gas.

Securing Energy for Europe (SEFE) and Argentina’s Southern Energy have signed an 8-years sales and purchase agreement (SPA) for 2 mtpa of LNG, with deliveries starting in late 2027. The deal, totalling 16 mtpa over the contract term, marks Argentina’s first long-term LNG export contract.