Argentina May Get Spot LNG Cargo as Ship Arrives at Bahia Blanca

Argentina may receive a cargo of liquefied natural gas from Trinidad & Tobago tomorrow, according to ship-tracking data.

The Sestao Knutsen, with a capacity of 135,357 cubic meters, is scheduled to arrive at the port of Bahia Blanca southwest of the capital of Buenos Aires, according to ship transmissions captured by IHS Inc. (IHS) on Bloomberg. The tanker left the Point Fortin LNG terminal in Trinidad & Tobago, where it loaded its cargo, after Feb. 23.

YPF SA, Repsol SA (REP) and Repsol Gas Natural LNG have leased Excelerate Energy’s LNG vessel, the Excelsior, and docked it at Bahia Blanca to receive LNG, according to Excelerate’s website. The floating regasification facility began operating in June 2008.

Argentina has no long-term LNG-supply contracts. Enarsa and YPF SA have put out four spot purchase tenders seeking as many as 93 cargoes from December last year.

To contact the reporter on this story: Chou Hui Hong in Singapore at chong43@bloomberg.net

To contact the editor responsible for this story: Alexander Kwiatkowski at akwiatkowsk2@bloomberg.net

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