Argentine oil company YPF SA has sold its first commercial liquefied natural gas (LNG) cargo to Brazilian state energy firm Petrobras, according to media reports in Buenos Aires.
YPF closed on Nov. 6 a tender to sell 2.1 trillion British thermal units (Tbtu) of LNG for loading from FLNG Tango, the liquefaction vessel off Bahia Blanca.
The cargo loaded from the facility on Oct. 26 on the LNG tanker Excalibur. The vessel is now on the move, Refinitiv shipping data showed.
Argentina, typically an importer of LNG, started exporting the chilled fuel from the Vaca Muerta shale play this year. The price in the tender was not immediately confirmed
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Definitely a step in the right direction. Hopefully the new government due to take over as from 10th December will not manage to make a mess of things, obliging Argentina to revert to being an importer instead of an exporter of gas.Nov 15th, 2019 - 01:10 pm 0
Brazil needs ten Vaca Muerta. A ship does not fill the tooth hole.I hope this is the beginning. And do not take long!Nov 15th, 2019 - 02:30 pm 0
Buy it from Russia, they are more reliable, in this area at least.Nov 16th, 2019 - 04:11 pm 0