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

Venture Global, Petronas seal 20-year LNG SPA

US LNG exporter Venture Global LNG has signed a 20-year LNG supply contract with Malaysian energy giant Petronas for volumes from the CP2 project in Louisiana.

Golden Pass LNG seeks re-export approval

Golden Pass LNG, a joint venture owned by energy giants QatarEnergy and ExxonMobil, is seeking approval from the US DOE to export previously imported LNG from October, as it nears the launch of the first liquefaction train.

TPDC, Energetech Tantel to develop Tanzanian small-scale LNG plant

State-run Tanzania Petroleum Development Corporation has signed a memorandum of understanding with Energetech Tantel to develop what they say is Tanzania's first small-scale LNG plant.

More News Like This

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.

Excelerate advances Vietnam LNG talks

US FSRU player Excelerate Energy is moving forward with its plans to supply Vietnam with liquefied natural gas (LNG) supplies from the US.

Avenir LNG seals charter deal with Excelerate

UK-based small-scale firm Avenir LNG has secured a multi-year extension for its 7,500-cbm vessel Avenir Accolade with US FSRU player Excelerate Energy.

Excelerate wraps up acquisition of NFE’s Jamaica business

US FSRU player Excelerate Energy has completed its previously announced acquisition of New Fortress Energy's business in Jamaica for $1.055 billion.