Argentina to Receive Spot LNG Cargo From Trinidad at Recalada

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

The SCF Polar, with a capacity of 71,500 cubic meters, is set 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 Co.’s Point Fortin terminal, where it loaded the supercooled natural gas and departed April 5.

Officials from Energia Argentina SA, the state-run energy company known as Enarsa, 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, according to data compiled by Bloomberg. Enarsa and YPF have issued six spot purchase tenders seeking as many as 143 cargoes from December last year. YPF’s latest tender for 10 LNG shipments delivered in the second half of 2013 closed April 10.

The SCF Arctic, with a capacity of 71,500 cubic meters, last delivered a shipment from Atlantic LNG to Recalada on April 12, IHS Fairplay data show.

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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