Tango FLNG Terminal

From Global Energy Monitor

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Tango FLNG Terminal is an LNG export terminal near Bahía Blanca, Argentina.

Location

The terminal is located offshore near the Port of Bahía Blanca, Argentina.

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Project Details

  • Owner: Exmar[1]
  • Location: Port of Bahía Blanca, Argentina
  • Coordinates: -38.785984, -62.316024 (approximate)
  • Capacity: 0.45 mtpa
  • Status: Retired[1]
  • Type: Export
  • Start Year: 2019[2]
  • Retire Year: 2020[3]

Note: mtpa = million tonnes per year; bcfd = billion cubic feet per day

Background

In September 2018, Texas-based LNG company Excelerate Energy and Argentina’s Transportadora de Gas del Sur signed a memorandum of understanding to jointly study the technical and commercial viability of an LNG project at the port of Bahía Blanca for liquefying and exporting natural gas during the summer season. The companies expected to complete the study by the end of 2018.[4]

In November 2018, Argentina’s energy firm YPF and Belgian energy shipping company Exmar signed a ten-year agreement calling for Exmar to deploy a floating LNG unit (FLNG) to the Port of Bahía Blanca in the second quarter of 2019, with an initial plan to export 500,000 tons of LNG per year to overseas markets. The FLNG unit, known as Tango FLNG, would export LNG from Vaca Muerta, one of the few shale gas plays in production outside the United States.[4]

Operations at the Tango FLNG Terminal began in June of 2019. According to the U.S. Information Agency, the Tango facility is capable of generating up to eight LNG export cargoes per year.[2][5]

In May 2020, the tolling agreement between Belgian company Exmar and Argentinian oil and gas company YPF SA was terminated, and the Tango FLNG left the Port of Bahía Blanca.[3]

Articles and resources

References

  1. 1.0 1.1 LNG export and import projects - 4Q 2020, Bloomberg Finance, January 21, 2021
  2. 2.0 2.1 Exmar completes commissioning of Tango FLNG LNG World News, June 10, 2019
  3. 3.0 3.1 "GIIGNL 2021 Annual Report”, page 38, GIIGNL, accessed May 4, 2021.
  4. 4.0 4.1 Tsvetana Paraskova,Argentina To Start First-Ever LNG Exports In 2019 Oil Price, November 21, 2018
  5. "Argentina's Vaca Muerta, LNG Ambitions Face Uncertainty as New Government Settles In - Natural Gas Intelligence". Natural Gas Intelligence. February 28, 2020. Retrieved 2021-04-19.

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External resources

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