Excelerate’s FSRU starts Bahia Blanca work

Texas-based floating LNG player Excelerate Energy said that its FSRU Exemplar has started operations in Bahia Blanca, a port city located south of the Argentine capital Buenos Aires.

The 150,900-cbm vessel arrived at the facility on May 27. It will deliver LNG for the 2021 winter season in Argentina.

“We are excited to return to Bahia Blanca and continue our partnership with IEASA and YPF to deliver an energy solution that is flexible, cost-effective, and environmentally-friendly during a critical period of peak demand,” said Daniel Bustos, Excelerate’s chief commercial officer.

“We are confident the Exemplar can perform again with our local Argentine crew to support the country’s energy transition and post-Covid economic recovery this winter,” he said.

The return of Excelerate’s FSRU comes after the company won an international, competitive tender for seasonal regasification service in Bahia Blanca.

To remind, Argentina’s state-owned energy company IEASA had launched a tender for cargoes to the Bahia Blanca facility in April.

Excelerate’s floating storage and regasification unit previously served the Bahia Blanca facility for ten years until the end of 2018.

The US firm developed the Bahia Blanca GasPort, South America’s first LNG import terminal in 2008 and has also operated GNL Escobar, an LNG import terminal along the Parana River, since 2011.

Most Popular

Yang Ming books LNG-powered containerships in South Korea

Taiwan’s Yang Ming Marine Transport has decided to order LNG dual-fuel container vessels from South Korea's Hanwha Ocean as part of its ongoing fleet optimization plan.

Sabah to take stake in Petronas’ third FLNG

SMJ Energy, owned by the Sabah government, has signed a heads of agreement with Malaysian energy giant Petronas to take a 25 percent stake in the latter's third floating LNG production unit.

Japan’s LNG imports drop in June

Japan’s liquefied natural gas (LNG) imports dropped by 2.8 percent in June compared to the same month last year, according to provisional data released by the country’s Ministry of Finance.

More News Like This

Excelerate to install reliquefaction unit on Brazilian FSRU

US FSRU player Excelerate Energy has signed a deal with Brazil’s state-owned energy firm Petrobras to install a reliquefaction unit on the FSRU Experience, located in Brazil's Guanabara Bay.

Excelerate’s FSRU launched in South Korea

South Korean shipbuilder HD Hyundai Heavy Industries has launched Excelerate Energy’s new floating storage and regasification unit (FSRU).

Excelerate buys GasLog LNG carrier

US FSRU player Excelerate Energy has purchased a 2007-built steam liquefied natural gas (LNG) carrier from GasLog Partners, a part of Greek LNG shipping firm GasLog, according to brokers.

Eni, YPF seal Argentina LNG deal

Italian energy firm Eni has signed a participation deal with Argentina’s state-owned oil and gas company YPF for the third phase of the latter's Argentina LNG export project.