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

Atlantic LNG shipping rates down, Pacific rates climb

Atlantic spot LNG shipping rates dropped this week, while Pacific rates rose compared to the week before, according to Spark Commodities.

Cheniere nears launch of seventh Corpus Christi expansion train

US LNG exporter Cheniere is close to launching the seventh and final train of the Corpus Christi Stage 3 expansion project in Texas.

Vietnam’s Cai Mep LNG terminal starts gas deliveries to Phu My power complex

Nebula Energy’s AG&P LNG has started delivering natural gas from Vietnam's Cai Mep liquefied natural gas (LNG) import terminal to the 900 MW Phu My 2.1 and 2.1E power plants operated by EVNGENCO3.
spot_img

More News Like This

Excelerate’s newbuild FSRU arrives in Jordan

Excelerate Energy's newbuild floating storage and regasification unit, Excelerate Acadia, has arrived in Jordan to serve a nine-month contract.

YPF and Neuquen pen Argentina LNG pact

Argentina’s state-owned oil and gas company YPF and the government of the province of Neuquen signed an agreement establishing the regulatory and fiscal framework for the development of the Argentina LNG project in the province.

Frontera seals Colombian FSRU charter deal

A unit of Canadian firm Frontera Energy has entered into a deal with a US-based FSRU player to charter one floating storage and regasification unit which will be installed in Cartagena, Colombia. The company also entered into a take-or-pay agreement with Colombia's state-owned energy firm Ecopetrol to provide integrated logistics and LNG regasification services.

Excelerate, Seatrium ink LoI for FSRU conversion

US FSRU player Excelerate Energy has signed a letter of intent with Singapore's Seatrium to convert its liquefied natural gas carrier into a floating storage and regasification unit, according to Excelerate's management.