Breaking News

Tweet TWEET

Argentina Receives Spot LNG Cargo From Trinidad at Recalada

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

The Polar Spirit, with a capacity of 88,100 cubic meters, is scheduled to arrive at the port of Recalada near Buenos Aires, according to ship transmissions captured by IHS Fairplay on Bloomberg. The tanker sailed from Atlantic LNG’s Point Fortin terminal where it loaded the supercooled natural gas and departed March 1.

Officials from Energia Argentina SA, the state-run energy company, and Atlantic LNG didn’t immediately respond to e-mails seeking comment outside normal working hours.

Enarsa and YPF SA (YPFD) have leased Excelerate Energy’s LNG vessel, the GNL Escobar, and docked it on the Parana River close to Buenos Aires to receive the fuel, according to Excelerate’s website. The floating regasification facility began operating in May 2011.

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 since December last year, according to data compiled by Bloomberg.

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

Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.