French supermajor TotalEnergies announced on Friday the start of natural gas production from the Fenix gas field offshore in southern Argentina. The Fenix field has been developed to have a production capacity of 10 million cubic meters per day, or 70,000 barrels of oil equivalent per day, (boe/d). The field, …
Read More »Argentina Moves Closer to LNG Exports from Vaca Muerta Shale
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. …
Read More »Argentina Discusses Natural Gas Exports to Brazil via Bolivia
Argentina and Brazil are discussing the idea to export natural gas from Argentina’s Vaca Muerta shale play to Brazil via pipelines in Bolivia, by potentially reversing the flow northbound to Brazil. Energy companies from the three South American countries have started talks, but progress has been slow and there are …
Read More »Key LNG Buyer Faces Possible Glut amid Warmer Winter
An unusually warm winter in the southern hemisphere is threatening to saddle Argentina with a glut of liquefied natural gas. Argentina is spending about $1.8 billion to import 44 LNG cargoes this year, with 20 already delivered and the remainder scheduled to arrive in the coming months. The mild weather …
Read More »Argentina’s Plan to Protect Drilling by Setting Oil Prices Gains Momentum
West Texas Intermediate has been gaining since its history-making crash in the U.S. last month, trading at around $25. Brent crude has been practically soaring, touching $30 in London.
Read More »Wärtsilä Signs Long-Term Maintenance and Service Agreement with Argentinian Gas Plant
Under the agreement, Wärtsilä will provide its technology, software and service expertise.
Read More »Argentina to Start 1st-Ever LNG Exports in 2019
The FLNG unit will be redeployed as Tango FLNG to produce and export LNG from Vaca Muerta. one of the few shale gas plays in production outside the U.S.
Read More »Argentina will Export Natural Gas to Chile
In 2016 and 2017. Chile exported excess electricity to Argentina through the single power line that currently connects the two countries.
Read More »USA. Argentina may Impose Venezuela Sanctions
The governments were analysing the possible effects that these measures would have on Venezuelan citizens.
Read More »Gazprom plans signing of document on production project in Argentina
The project envisions the development of the Estacion Fernandez Oro field together with Argentina’s largest oil and gas company YPF.
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