Argentina could be a step closer to start exporting LNG and monetizing its huge resource in the Vaca Muerta shale play after maritime LNG infrastructure firm Golar LNG signed a 20-year deal with Pan American Energy (PAE) for the deployment of a Floating Liquefied Natural Gas (FLNG) vessel in Argentina.
“The FLNG project will monetize Argentine gas, tapping into the vast resources from the Vaca Muerta shale formation in the Neuquina Basin, the world’s second-largest shale gas resources,” Golar LNG said.
The project is expected to start LNG exports by 2027, establishing Argentina as an LNG exporter, the company added.
Argentina could be a step closer to start exporting LNG and monetizing its huge resource in the Vaca Muerta shale play after maritime LNG infrastructure firm Golar LNG signed a 20-year deal with Pan American Energy (PAE) for the deployment of a Floating Liquefied Natural Gas (FLNG) vessel in Argentina.
“The FLNG project will monetize Argentine gas, tapping into the vast resources from the Vaca Muerta shale formation in the Neuquina Basin, the world’s second-largest shale gas resources,” Golar LNG said.
The project is expected to start LNG exports by 2027, establishing Argentina as an LNG exporter, the company added.
Check Also
Will Trump Policies Slow Methane Emissions Cuts in the Permian?
Producers in the Permian basin, America’s top oil producing region, have made a lot of …