Argentina’s IEASA issues tender to buy thirteen LNG cargoes

Argentina’s state-owned energy company IEASA has launched another LNG tender for upcoming winter demand following a recent award for 24 cargoes.

However, this time the shipments will not land at the Escobar import terminal in the Buenos Aires region. To remind, BP won 15 LNG cargoes in the first tender announced last month for deliveries to Escobar.

The new 13 shipments would go to the Bahia Blanca LNG import terminal.

US floating LNG player Excelerate Energy recently secured a contract to reactivate the FSRU-based facility from May through August.

Excelerate’s floating storage and regasification unit previously served the Bahia Blanca facility for ten years until the end of 2018. The company’s FSRU also serves the Escobar terminal, meaning that the firm will again have two vessels in Argentina.

Under the new cargo tender, the first shipment would arrive at the Bahia Blanca terminal in May, four would land in June, five in July, and the remaining three in August, according to a report by local news service Econojournal.

Combined with the first tender, IEASA would buy in total 37 LNG cargoes for the winter requirements. This compares to 33 cargoes last year.

In addition, Econojournal says that IEASA would need to secure at least 55 LNG shipments this year to meet natural gas demand during the winter.

Most Popular

Seapeak books $19.3 million charge as it lays off seafarers on steam LNG carriers

Stonepeak’s Seapeak booked $19.3 million of restructuring charges in the second quarter of this year, primarily due to laying off its Spanish seafarers working on steam LNG carriers.

Golar moving forward with new FLNG order

Floating LNG player Golar LNG is moving forward with its plans to order its fourth FLNG conversion. In order to secure "attractive" delivery, Golar plans to enter into slot reservations for long-lead equipment within the third quarter of this year.

Hanwha’s units, Kospo to jointly buy US LNG

South Korea's Hanwha Aerospace and Hanwha Energy, units of Hanwha, are teaming up with compatriot Korea Southern Power (Kospo) to jointly buy US liquefied natural gas (LNG) supplies.

More News Like This

Excelerate working to expand Jamaican LNG business

US FSRU player Excelerate Energy has already made some smaller investments to further optimize its recently acquired LNG business in Jamaica, according to CEO Steven Kobos.

Excelerate says purchased LNG carier set for FSRU conversion

US FSRU player Excelerate Energy confirmed on Monday that its recently purchased LNG carrier Excelerate Shenandoah is the company's first FSRU conversion candidate.

GasLog Partners, Excelerate wrap up $27 million LNG carrier deal

GasLog Partners, a part of Greek LNG shipping firm GasLog, has completed the sale of a 2007-built steam liquefied natural gas carrier to US FSRU player Excelerate Energy.

Excelerate raises 2025 guidance after Jamaica deal

US FSRU player Excelerate Energy raised its full-year 2025 adjusted Ebitda guidance range following the recent acquisition of New Fortress Energy's business in Jamaica.