MercoPress, en Español
Get our news on your inbox! Suscribe x
Montevideo, November 18th 2018 - 20:47 UTC
Argentina's state energy company Enarsa has launched an international tender for the delivery of a more-than-expected 90 cargoes of LNG in 2012 to meet rising energy demand, a source said Tuesday. Read full article
Make sure that you get paid in dollars. The worthless Argentine peso will be devalued soon and will become even more worthless.
In a few years time that Johson gas prospect in the NFB could be online to contribute. With advantageous tax and royalty arrangments and on the doorstep it would certainly be a great deal for Argentina and help bring down their wholesale costs.
. . .meanwhile, these imports have got to be exactly financially balanced with exports managed by the LNG importing company.
('Multinational gas company offers beans for sale / gas company offers offshore islands for sale; part of Argentina's national GDP-balancing program' ;-)
Expect to see the tendering companies reducing their tender bids to take account of this additional burden.
Commenting for this story is now closed.If you have a Facebook account, become a fan and comment on our Facebook Page!
Get our news on your inbox!