AmericasLNG Terminals

BP comes out top in Argentina LNG tender

By LNG Prime Staff
BP wins in Argentina LNG tender
Escobar LNG terminal (Image: Excelerate Energy)

Energy giant BP has secured most of the 24 LNG cargoes sought by Argentina’s state-owned energy company IEASA for upcoming winter demand.

BP won 15 LNG cargoes while trader Gunvor will supply five shipments, Total two, and Trafigura and Naturgy will supply one cargo, each, according to Argentina’s Secretariat of Energy.

In addition, fourteen companies made bids with an average price of $6.50 per MMBtu, lower than the Secretariat of Energy expected but still much higher when compared to last year when IEASA paid less than $3 per MMBtu.

IEASA will splash $330 million for the new LNG deliveries which will arrive between May and September to cater to increased heating demand during the period.

All of the cargoes should land at Argentina’s Escobar LNG import terminal in Buenos Aires region.

Most Popular

LNG Terminals

Venture Global withdraws Delta LNG application

US LNG exporter Venture Global LNG is withdrawing its FERC application for the proposed 24.4 mtpa Delta LNG export facility in Louisiana. Instead, Venture Global will focus on expanding its Plaquemines LNG export facility in Louisiana.
LNG Terminals

Cheniere aims to start construction on Sabine Pass LNG expansion in late 2026

US LNG exporting giant Cheniere aims to start construction on the proposed expansion project at its Sabine Pass LNG export facility in Louisiana in late 2026.
LNG Terminals

Delfin seeks new DOE extension, eyes FID on first FLNG in August

Delfin Midstream, the US developer of a floating LNG export project offshore Louisiana, is seeking an additional extension from the US Department of Energy. The company is looking to make a final investment decision on the first FLNG in August.

More News Like This

LNG Terminals

Tortue LNG cargo heads to Europe

UK-based energy giant BP has shipped the third LNG cargo produced at the Greater Tortue Ahmeyim FLNG project, located offshore Mauritania and Senegal, to Europe, according to shipping data.
Contracts and Tenders

Argentina’s Enarsa gets offers for new LNG cargo tender

Argentina's state-owned LNG importer Energia Argentina (Enarsa) has received six offers for its third LNG cargo tender in 2025.
LNG Terminals

Brazil’s GNA launches second LNG power plant

Brazilian joint venture Gas Natural Acu has launched commercial operations at the second plant as part of its LNG-to-power project in the Port of Acu in Rio de Janeiro.
Contracts and Tenders

BP seals LNG SPA with India’s Torrent Power

A unit of UK-based energy giant BP has signed a long-term liquefied natural gas (LNG) supply deal with India's Torrent Power.

2025. © All rights reserved. LNG Prime LLC. 447 Broadway, New York, NY 10013, USA