Argentina is offering small LNG cargo as first step to becoming large-scale shale exporter
Argentina is offering its first liquefied natural gas cargo produced by a floating liquefaction unit deployed at the port of Bahia Blanca as it aims to end its import requirements and become a future large-scale exporter of LNG made from the huge Vaca Muerta shale-gas resources.
ExxonMobil and partner Qatar Petroleum win three blocks in first Argentine offshore round
ExxonMobil and LNG business partner Qatar Petroleum won three exploration blocks offshore Tierra del Fuego at the southern tip of South America during Argentina’s first bid round, adding to their onshore acreage in the world-class onshore Vaca Muerta shale basin.
Argentina is still some way off from being major LNG exporter because of plants and customers
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.
Exmar floating LNG liquefaction hull to make Argentina exporter from shale gas by mid-2019
Argentina plans to deploy a floating liquefied natural gas production hull at the port of Bahia Blanca in the second quarter of 2019 under an agreement with Belgian shipping company Exmar and the Argentine oil and gas producer Yacimientos Petroleiferos Fiscales (YPF).
