31DEC2018 - NEWS - FLNG of Exmar starts sailing towards Bahia Blanca, Argentina to start its liquefaction operations

Exmar’s floating liquefaction unit (FLNG), to be renamed Tango FLNG, has recently left China and is headed to Bahia Blanca, Argentina, to start its liquefaction operations. Tango FLNG’s voyage to Argentina is expected to take approximately 45 days. The vessel was hired by Argentina-based engineering firm YPF under a ten-year agreement, and it is expected to start up LNG production in the second quarter of 2019. Under the deal, Exmar’s FLNG barge wil produce and export LNG from the Vaca Muerta source at the Neuquén Basin in Argentina. The project marks the country’s entry to the club of global LNG exporting nations, with an initial plan to export 500,000 tons of LNG per year to overseas markets.

Published by Editor - www.Livebunkers.com at 31-Dec-2018 06:18:40 [UTC] , contact editor at editor@livebunkers.com