Dock Sud LNG Terminal
|This article is part of the Global Fossil Infrastructure Tracker, a project of Global Energy Monitor.|
Dock Sud LNG Terminal was a proposed liquefied natural gas (LNG) import terminal in Buenos Aires, Argentina. There have been no development updates since 2016 and the project is presumed to be cancelled.
The project's proposed location was Dock Sud, Buenos Aires, Argentina.
- Owner: YPF, Corporación America International
- Parent: YPF, Corporación America International
- Location: Dock Sud, Buenos Aires, Argentina
- Coordinates: -34.641667, -58.347778 (approximate)
- Capacity: 3.8 mtpa
- Status: Cancelled
- Type: Import
- Start year:
Dock Sud LNG Terminal was a proposed LNG regasification import terminal on the La Plata River in Buenos Aires, Argentina. The project was to be located near existing port infrastructure in the Dock Sud district, an industrial hub with a refinery and a large petrochemical industry footprint. In October 2016, state-controlled entity YPF, which conducts LNG purchases on behalf of state-owned Enarse, initiated negotiations with Corporacion America for the construction of the facility.
There have been no development updates since 2016, and the project is presumed to be cancelled.
The Dock Sud area has been the center of legal opposition against polluting industries. In 1991, YFP was sued by residents living near the Dock Sud province of Buenos Aires. In "Mendoza, Beatriz against National State et al.,” a lawsuit before the Argentine Supreme Court, plaintiffs sued the Argentine government, the province of Buenos Aires, the City of Buenos Aires, 14 municipalities and 44 companies. Plaintiffs requested unspecified compensation for collective environmental damage to the Matanza and Riachuelo river basins and for the property damage they suffered. The Argentine Supreme Court declared itself legally competent to settle only the conflict related to the collective environmental damages, including prevention of future pollution, remediation of environmental damages already caused and monetary compensation for irreparable environmental damages, and requested that the defendants submit specific reports. In particular, it requested that the Argentine government, the province of Buenos Aires, the City of Buenos Aires and the Federal Environmental Council submit a plan with environmental objectives. YFP answered the complaint by citing the Argentine government's obligation to indemnify YFP against any liability, and to for YFP to be held harmless for events and claims previous to January 1, 1991, according to Law No. 24,145 and Decree No. 546/1993. In July 2008, the Argentine Supreme Court decided that the Basin Authority (Law 26,168) would be in charge of performing a remediation plan as well as of taking preventive measures in the area. The National State as well as the Province and City of Buenos Aires would be responsible for instituting these measures. It also declared the exclusive competence of the First Instance Federal Court in Quilmes to hear any claims or disputes arising out of the remediation plan or the preventive measures and determined that any future action seeking the environmental remediation of the basin will be dismissed (litis pendentia). The Argentine Supreme Court declared that it will determine whether and how much liability is to be borne by the parties involved.
In a second and similar lawsuit, “Cicero, María Cristina against Antivari S.A.C.I. et al. for damages”, the plaintiffs, who are residents of Villa Inflamable, Dock Sud, demanded the environmental remediation of Dock Sud and Ps.33 million in compensation for physical and property damages against many companies that have operations there, including YFP. YFP answered the complaint by requesting its rejection, citing the Argentine government's obligation to indemnify YFP against any liability and hold YFP harmless for events and claims previous to January 1, 1991, according to Law No. 24,145 and Decree No. 546/1993.
Articles and resources
- BloombergNEF LNG Export and Import Projects--Q4 2020, BloombergNEF, January 21, 2021
- Report: Argentina eyeing third LNG import terminal, LNG World News, 25 Oct. 2016
- YPF, Corp America discuss Argentina LNG project, Argus, 24 Oct. 2016
- Form 6-K Securities and Exchange Commission, Securities and Exchange Commission, November, 2010