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BP to supply the bulk of Argentina's natural gas demand in 2014 and 2015

Wednesday, October 23rd 2013 - 20:55 UTC
Full article 43 comments

Argentina's state-run energy firm YPF has picked BP to supply the bulk of its liquefied natural gas (LNG) needs in 2014 and 2015 following a major recent tender, according to media sources in Buenos Aires. Energy short Argentina last month launched its annual tender to secure approximately 5.57 million tons of LNG over the 2014-2015 period to help cover its energy needs. Read full article

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  • Condorito

    I saw this comment from an Argie yesterday:

    “Europeans are the biggest bunch of losers, uncompetitive fools in the history of of the Cenozoic Era.”

    ...yet here is energy rich Argentina seeking energy supplier from BP.
    How does that work?

    Oct 23rd, 2013 - 09:38 pm - Link - Report abuse 0
  • CaptainSilver

    As a BP shareholder I am concerned whether we'll get paid!

    Oct 23rd, 2013 - 09:48 pm - Link - Report abuse 0
  • Clyde15

    This cannot be true !!! BP-British Petroleum ! Sacrilege.
    After the sage of Mendoza telling us that they wanted nothing that we could give them, would refuse to have nothing to do with us and had no need of ANYTHING we could supply, it appears that he may have been over hasty in his pronouncements.
    Of course he could refuse to use any gas for heating or cooking, stay away from any place that uses this product, refuse to buy any goods or food that may have used this gas in the production process.
    By doing this he can keep the purity of his Argentinian soul intact.
    We can only but admire this zeal !

    Oct 23rd, 2013 - 09:49 pm - Link - Report abuse 0
  • yankeeboy

    All I can say is:
    Bahahahaha

    Oct 23rd, 2013 - 09:50 pm - Link - Report abuse 0
  • Musky

    @4 yankeeboy

    Totally agree! It is hilarious!

    Oct 23rd, 2013 - 09:58 pm - Link - Report abuse 0
  • The Truth PaTroll

    WTF? The anglo boozers BP and their Russian red-faced counterpats Gazprom are just “messengers”. We aren't using anything the UK or Russia produce, since they produce nothing, not even the natural gas.

    BP is a failed oil company who was chased out of the USA because of their appaling lack of competence is “plugging holes”.

    Oct 23rd, 2013 - 11:02 pm - Link - Report abuse 0
  • ElaineB

    @6 Which begs the question, why is your government so keen to do business with them?

    Oct 23rd, 2013 - 11:14 pm - Link - Report abuse 0
  • The Truth PaTroll

    @7

    Just a temporary act of convenience.

    Oct 23rd, 2013 - 11:22 pm - Link - Report abuse 0
  • Troy Tempest

    Ha ha, and Dany Berger, with his 'superior'intellect was saying that Canada had no products anyone would want.

    Now, who needs two things we have in abundance, wheat and energy and energy technology?

    Oops, sorry, EU has first dibs AND they get a Membership Discount.

    LOL, Dany and Nostril !!

    Oct 23rd, 2013 - 11:24 pm - Link - Report abuse 0
  • ElaineB

    @8 You are funny. I am sure your strongly held convictions are just as flakey.

    Oct 24th, 2013 - 12:07 am - Link - Report abuse 0
  • brasherboot

    Er... Wasn't Argentina refusing to buy a few ejection seats for their exotic fighter jets because theyre British?

    Now theyre paying BP for services. Bizarre

    Oct 24th, 2013 - 02:23 am - Link - Report abuse 0
  • Stevie

    All of the sudden, BP is British again?
    When it came to paying up for the Gulf-case, the argument was that they were technically a US company.

    Seems it destined to follow your lots main moral.

    Convenience...

    Oct 24th, 2013 - 04:57 am - Link - Report abuse 0
  • The Truth PaTroll

    @12

    IT's just like with their “history”, those uncouth Europeans.

    It it is about the glorious span of time and about inventing the printing press, about industrialization, about the Renaissance, or navigation/exploration, then it is fully their 2000 year history, so much more significant than “ours” lonely argies.

    If it is about the slave trade, or about all the massacres, wars, civil wars, religiouus and ethnic persecutions, inquisitions, witch burnins, deracinations, pandemics, crimes against humanity, etc, then it's “well, I wasn't alive at the time, so it's not my history” or “well, the UK, or Germany, or Italy as they are today did not exist before 1922, 0r 1870, 0r 1865”.

    It's beyond convenience. It's the gall of pusillanimous perfidiousness of their own past.

    Oct 24th, 2013 - 05:35 am - Link - Report abuse 0
  • HansNiesund

    @13
    I'm just perplexed how Argentina in general and yourself in particular have managed to escape the original sin that besets the rest of us?

    Oct 24th, 2013 - 05:59 am - Link - Report abuse 0
  • Musky

    @14 HN
    Well Argentina exists on the moral high ground. As soon as they split from mother spain, they were absolved of all their sins.

    @13 TT P

    Britain is not about to deny any of its history, from slave trade to the steam engine, from discovering the falklands, to dispatching the General Belgrano to the bottom of the sea. History is what it is, it's you guys who are in denial, whilst we brits keep calm and chuckle at your ineptitude !

    Oct 24th, 2013 - 06:40 am - Link - Report abuse 0
  • golfcronie

    @12
    Well spotted ( pun intended ) BP is not a British company but they do act responsibly and pay for reparations, not like Argentina with REPSOL, Comon Argentina pay what you owe, BP has paid out about half the amount Argentina says it has in reserves.

    Oct 24th, 2013 - 06:41 am - Link - Report abuse 0
  • Anglotino

    What the hell is Nostrils going on about?

    He's first generation Argentinean. His parents emigrated FROM Europe. So all his bile is actually directed at his parents for choosing Argenina. His über-nationalism is hiding a common occurrence amongst first generation immigrant children: living in two different worlds and belonging to neither.

    Nostil's literally hates himself.

    Oct 24th, 2013 - 07:27 am - Link - Report abuse 0
  • Monkeymagic

    of course BP is a British company.

    It is founded in the UK, headquartered in the UK and pays massive taxation in the UK.

    What it also does, as correctly identified above, is pay, in full (some may even argue overpay) for mistakes made by itself and its contractors.

    Argentina NEVER pays for its corrupt ineptitude. in fact it would have labelled the Florida public “vultures” or “pirates” for requesting any form of compensation.

    nostril is a moron...best ignored
    Stevie is a racist turd...best laughed at

    Oct 24th, 2013 - 08:11 am - Link - Report abuse 0
  • Usurping Pirate

    What a predictable end to 10 years of Kirchnerism .
    The “ Breadbasket of the World ” is chronically short of bread and has to
    pay BP and Repsol owned companies for over the odds for LNG , which they could easily be producing themselves .
    Trains continually crashing because the franchises were awarded to govt cronies with no experience or even interest in the railways ( one of the biggest franchisees is a big bus company owner ).
    The state owned airline is the personal plaything of the presidents son and loses millions of dollars a day .
    The cabinet grows rich by running parallel exchange rates on the U$S D , selling millions on the parallel exchange for personal gain .
    The country is legally a magnet for money launderers ( and even they shy away from the place )
    A crime rate Jo'burg can't match
    Plummeting education standards ( in the 1950's it had been in the world top 10 )
    More chorizo anyone ?

    Oct 24th, 2013 - 09:09 am - Link - Report abuse 0
  • nigelpwsmith

    BP was founded in Britain & has its HQ there, but its CEO is American, most of the shares are held by pension companies & trusts & a significant proportion of these are owned amongst others by Americans.

    If I was a BP shareholder (and I might be if my pension fund holds them) then I would be very concerned about making sure that BP gets paid. It is highly likely that all the tender offerers had that in mind when they started negotiations, building into the contracts safeguards to make sure that Argentina has to make their payments on time & for the correct value. If they didn't, then deliveries would cease and Argentina's lights would go out!

    Oct 24th, 2013 - 09:16 am - Link - Report abuse 0
  • Conqueror

    @6 I rather wonder at your definition of the word “produce”. Are you working on the basis that gas and oil simply bubble to the “surface”, from where they miraculously find their way into barrels, cylinders, pipelines, tanks and so forth? If you “think” that, your education has a long way to go. Even natural gas has to be processed to remove “impurities”. And what is actually used is a “product” that has been “produced”. Or, to put it another way, you don't have a clue what you're talking about!
    @12 Where does it say BP is British? “brasherboot” was referring to ejection seats. As of 2012, 38% of BP shares were held by American investors, 36% by British investors, and 14% by the rest of Europe with the remaining shares held by investors from other countries“. I suppose you could call it, basically, anglo-american.
    @13 Do you want to think again about mentioning ”the slave trade, or about all the massacres, wars, civil wars, religiouus and ethnic persecutions, inquisitions, witch burnins, deracinations, pandemics, crimes against humanity, etc“ as they all took place in South America as well, with even less excuse. Did you not learn from the ”mistakes” made in Europe? Why did you do them all again?

    Oct 24th, 2013 - 10:13 am - Link - Report abuse 0
  • Clyde15

    #8
    A convenience ? So you can sell your ethics for a convenience ?
    That is what you continually condemn the UK for so doing.
    Rather hypocritical of you or are you being forced to join the REAL world of pragmatism.

    Oct 24th, 2013 - 11:22 am - Link - Report abuse 0
  • GeoffWard2

    But will British Petroleum ships be allowed into Argentinian ports to move the 'products'around the country and beyond?
    Will British Petroleum pipelines be allowed to be built on Argentinian land?

    This looks like a takeover of Argentina by the British ;-)

    Oct 24th, 2013 - 11:35 am - Link - Report abuse 0
  • CaptainSilver

    Hmmm..we want our clock back!

    Oct 24th, 2013 - 01:34 pm - Link - Report abuse 0
  • Conqueror

    @23 So what's with “British Petroleum”? The company changed its name in 2001. But, interesting questions. Which will argieland put first? Its desperate need for energy or its “Gaucho Rivero murderer” law? BP vessels are generally leased. Will they anchor off argie waters and say “You can come and get it after you've paid for it”?

    Oct 24th, 2013 - 04:54 pm - Link - Report abuse 0
  • St.John

    @ 6 The Childish NosTrills

    “We aren't using anything the UK ... produce, since they produce nothing, not even the natural gas.”

    Really? what about the natural gas from the North Sea, which Argentina is buying wholesale.

    @ 12 Stevie - sigh!

    BP plc., previously British Petroleum, is a British multinational oil and gas company headquartered in London, England, United Kingdom.

    Oct 24th, 2013 - 05:24 pm - Link - Report abuse 0
  • Pugol-H

    Nice of them to contribute so much profit, to so many UK pension funds, Stink must be absolutely ecstatic with joy.

    All paid in in hard earned dollars, cash up front.

    @13 The Truth PaTroll
    “Massacres, wars, civil wars, religious and ethnic persecutions, burnings, deracination’s, pandemics, crimes against humanity”, etc.

    Ever read any Argentinian history?

    @14 HansNiesund
    They don’t have souls.

    Oct 24th, 2013 - 06:21 pm - Link - Report abuse 0
  • ChrisR

    I sincerely hope that if the argies don't pay, they don't get!

    Oct 24th, 2013 - 08:35 pm - Link - Report abuse 0
  • Stevie

    You guys cry and cry, hoping for Argentina to default.

    At the same time your companies stand in line to make deals with the country.

    Money is way more important than your morals, principles and standards.

    Like a one-stringed guitar...

    Oct 25th, 2013 - 08:59 am - Link - Report abuse 0
  • Monkeymagic

    you cry and cry about las Malvinas..hoping to steal them from their population.

    At the same time your government stands in line begging for help from our companies

    Money is way more important than your morals, principles and standards (and ludicrous murder rivero law)

    Like a bunch of corrupt facists....

    Oct 25th, 2013 - 11:31 am - Link - Report abuse 0
  • Conqueror

    @29 I think you mistake the situation. WE don't “cry and cry, hoping for Argentina to default”. What we do is to “laugh and laugh, and wait for argieland to collapse”. You might want to re-think your attitude. There are many things for which Uruguay can be “criticised”. And, more importantly, many things for which it can be made to pay. Year after year. Perhaps supporting argieland, blocking the docking of certain vessels, “acting” against Paraguay, being a member of mercosur and unasur, licking CFK's arse, might not have been such a good idea. Do believe me on this. I have a whole series of templates for communications with all relevant organisations to see that Uruguay is punished. Many years ago, 1939 I believe, Uruguay had guts and principles. It lost those, as you regularly demonstrate, when it decided to kowtow to nazi argieland. Full not only of dying nazi war criminals, but also its own war criminals. Everyone in the forces that attacked the Falkland Islands, South Georgia and the South Sandwich Islands is a war criminal. Everyone, irrespective of country, that supported that “operation” is a war criminal. Even today, those that support argieland's illegitimate “claims” are war criminals. Any state that supports argieland's illegitimate “claims” is a war criminal. Seems you're a war criminal, Stevie. So we can understand your desperate attempts to excuse and save yourself. Fancy putting forward “morals, principles and standards”. As if YOU had any. Trot off to your little make-believe world.

    Oct 25th, 2013 - 11:55 am - Link - Report abuse 0
  • Pugol-H

    @29 Stevie
    “Don’t cry for me Argentina”

    “Loads a money”

    Twangggggg

    Oct 25th, 2013 - 01:39 pm - Link - Report abuse 0
  • Stevie

    Like cheap prostitutes they come, conq.

    Oct 25th, 2013 - 06:34 pm - Link - Report abuse 0
  • Monkeymagic

    Indeed Stevie, Uruguay and Argentina are a couple of cheap whores.

    According to YOUR governments at the UN, the UK is “militarising the South Atlantic”, “stealing argentine resources”, “squatting on Argentine land” and living out “19th century colonialism”

    Yet they can't wait to invite British companies in to help them, oil and gas, banking, retail, pharmaceuticals, everywhere you look...

    Makes me think they don't really believe their own doctrine...or they are cheap whores.

    The British government and British companies however have always stated they are happy to deal with Uruguay and Argentina on any level, but the Falkland Islanders have to be part of any sovereignty discussions.

    So, when looking for ludicrous hypocrites....its “you lot” again....LOL

    Oct 26th, 2013 - 10:19 am - Link - Report abuse 0
  • Stevie

    No Monkey, it's the total opposite.
    With the Deep sea port, the open mines, the Railway system, the regasification plant, you name it.
    Your lots Companies stand in line to offer the best deal. And the more they get rejected, the cheaper do they sell themselves. Anything to get a shot at this market. It's quite funny to Watch actually, as they have no regard whatsoever for Europe and its people, they're here for the Money, leaving unemployment behind in their own nations.
    But that's not the funny part.
    The funny part is that you cheer them...

    Oct 26th, 2013 - 02:48 pm - Link - Report abuse 0
  • Monkeymagic

    Stevie

    Of course we cheer them, international business and trade is very good..it's what mature nations and their companies do...how many Uruguayan companies are in the top 500 most profitable or largest in the world....oh yes...none...how many Argentine...none again. pathetic...

    Our unemployment is falling thanks, and BP are a huge employer in the UK.

    However, your government bending over and offering its arse to multinationals, especially those coming from “pirates”, “militarisers” and “usurpers” should be a source of shame.

    You obviously are as stupid and ludicrous as them Stevie...but then your “journey” is to reduce Uruguays oil imports....,hahahahahahahahah..I am still laughing at that Stevie...talk about being up your own arse....hahahahahahahahahah...make it stop.....hahahahahahaha

    Oct 27th, 2013 - 10:26 am - Link - Report abuse 0
  • Stevie

    In your desperation to insult me, you fail to realize that nobody from Uruguay has been courting anybody from the UK. It's the other way around.
    As I said, like cheap prostitutes they gather and upset eachother in their competitive bids.
    And personally, you are getting nothing out of it. No taxes, no jobs, no gain other than the foolish pride of having a company with a name you can pronounce correctly.

    And you laugh...

    Oct 27th, 2013 - 10:43 am - Link - Report abuse 0
  • ChrisR

    37 Stevie
    “In your desperation to insult me, you fail to realize that nobody from Uruguay has been courting anybody from the UK”

    Not true!

    When I first moved to Uruguay, ALL the tradesmen around where I live fell over themselves to get their names onto my list and the drivers of the heavy side barracas LOVE me just because I tip them when they help me.

    Apparently none of the locals ever tip. Probably cannot afford to with the living cost rises they have faced under Pepe.

    Oct 27th, 2013 - 06:47 pm - Link - Report abuse 0
  • Anglotino

    If Mujica did more courting of distant foreign countries and less bending over for its two neighbours then perhaps Uruguay would be more developed

    Oct 27th, 2013 - 07:31 pm - Link - Report abuse 0
  • Stevie

    Anglolatino
    Bring suicidal is not being developed.
    Consumerism is not a good thing, you know?

    Oct 27th, 2013 - 08:57 pm - Link - Report abuse 0
  • Monkeymagic

    Stevie

    What utter crap you talk

    “Nobody from uruguay has been courting anybody from the UK”

    Do you even think about this shit before you right it? It is hilarious.

    Tell us more about your 2journey” I could use another good laugh.

    Oct 28th, 2013 - 02:00 pm - Link - Report abuse 0
  • Stevie

    Hahaha Monkey
    I forgot Chris was indeed courted.

    My bad.

    Hahahaha

    Oct 28th, 2013 - 02:29 pm - Link - Report abuse 0
  • toooldtodieyoung

    “BP to supply the bulk of Argentina's natural gas demand in 2014 and 2015”

    Oh this is laughable!!! You could not make this sh*t up!!! Why is it that the British are doing so much business with TMBOA et al?

    If we are not ferrying her around the world in one of our jets then we are helping her to keep the lights on!!

    What's next?

    Will she need winding and a nappy change?

    I bet she doesn't even believe the lies she telling..............

    Oct 28th, 2013 - 06:36 pm - Link - Report abuse 0

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