• Natural Gas News

    Country Focus: Argentina - Hanging in the balance [LNG Condensed]


Argentina’s future role in the world LNG market is highly uncertain. In one scenario, in which domestic shale gas development proceeds as planned, it could be exporting 32mn mt/yr of LNG by 2030. In another, adverse investment conditions would imperil the development of the country’s shale gas resources and the infrastructure required to get them to market, leaving not just Argentina but also Chile with a gas defi cit to be fi lled by LNG imports and growing renewables generation.

by: NGW

Posted in:

Complimentary, LNG Condensed, Liquefied Natural Gas (LNG), Argentina

Country Focus: Argentina - Hanging in the balance [LNG Condensed]

There is no question that Argentina reached a milestone in June as Exmar’s Tango LNG came into operation for state oil and gas company YPF. Operating in the deep water port of Bahia Blanca, it is the first floating LNG plant in the Americas and still one of only a handful around the world. It marks Argentina’s transition from LNG importer to LNG exporter. However, in practice, Argentina will, for the moment, be both LNG importer and exporter.

Tango LNG’s capacity is small at 0.5mn mt/yr and Argentina’s gas demand spikes during the southern hemisphere winter, when, despite rising domestic gas production, it will still look for LNG imports. Nonetheless, the downward trend in the country’s LNG requirements is clear. As its domestic gas balance has improved, Argentina’s LNG imports have fallen, reaching a peak at 4.6mn tons in 2013, but declining steadily each year since, reaching just 2.7mn mt in 2018.

Read the full article in LNG Condensed Volume 1, Issue 6 - June 2019. Subscribe FREE below to download the latest issue:

NOW AVAILABLE: Volume 1, Issue 6 - June 2019


LNG Condensed brings you independent analysis of the LNG world's rapidly evolving markets. 


Covering the length of the LNG value chain and the breadth of this global industry, it will inform, provoke and enrich your decision making.  Published monthly, LNG Condensed provides original content  on industry developments by the leading editorial team from Natural Gas World.


 LNG Condensed is your magazine for the fuel of the future. 







Volume 1, Issue 6 - June 2019

In this Issue: 

FEATURE: India's gas infrastructure challenge

FEATURE: Egypt ramps up its LNG exports

FEATURE: LNG and the methane emissions challenge

COUNTRY FOCUS: Argentina - Hanging in the balance


TECHNOLOGY: Korean Competition for GGT

 and more! 

Sign up now to receive LNG Condensed monthly FREE (after filling out the form you will be redirected to LNG Condensed's archive where you can find every issue already published available for download):

Advertise in LNG Condensed