Argentina may build LNG liquefaction terminal in far southern: source

11 Oct 2016   Argentina

Argentina is considering the construction of its first liquefaction terminal to increase natural gas deliveries from the southernmost Austral Basin domestically and eventually to overseas markets, a person close to the project said Friday. Carlos Roma, a congressman for the ruling conservative party, submitted a bill for the project to Congress on Thursday, said the source, who works for the congressman. The bill calls for building the terminal in Tierra del Fuego, an archipelago thought to have huge potential for increasing offshore gas production. The gas supplies would be liquefied for delivery by tanker to two floating regasification terminals in the province of Buenos Aires. “At first, the gas liquefaction plant would replace imports,” the source said. “In the future there would be the possibility of exporting supplies.” Argentina imports an average of 25 million cu m/d of LNG to terminals in Bahia Blanca and Escobar, mostly from Nigeria, […]

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