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Reuters — Economy — Energy — LNG — Gas Pipeline — Vaca Muerta

CERAWEEK-Argentina sees 'last big purchase of LNG' this year

Argentina plans to spend $1.8 billion on imports of liquefied natural gas (LNG) in coming months. Argentina expects to pay an average price of $20.80 per million British thermal units (Btu) for the LNG imports this year.

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  • Argentina plans to spend $1.8 billion on imports of liquefied natural gas (LNG) in coming months.
  • Argentina has imported high volumes of fuels including LNG to generate electricity due to lack of transportation for its own production.
  • Argentina expects to pay an average price of $20.80 per million British thermal units (Btu) for the LNG imports this year.
  • Argentina is in talks with funds from Saudi Arabia and China for financing the second phase of the gas pipeline from Vaca Muerta.
CERAWEEK-Argentina sees 'last big purchase of LNG' this year
Argentina plans to spend about $1.8 billion on imports of liquefied natural gas (LNG) in coming months, its last big purchase before a key gas pipeline to be inaugurated from its massive Vaca Muerta shale region brings balance to domestic gas supplies, Energy Secretary Flavia Royon said on Wednesday.
Reuters

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