Argentina to Get LNG Spot Cargo From Belgium at Recalada Port

Argentina, which has no long-term contracts to import liquefied natural gas, is scheduled to receive a spot cargo from Belgium, ship-tracking data shows.

The Methania, with a capacity of about 131,000 cubic meters, is on its way to Recalada port near Buenos Aires, according to transmissions captured by IHS Fairplay on Bloomberg. It was scheduled to arrive yesterday.

The vessel sailed from Belgium’s LNG terminal in Zeebrugge, where it loaded the supercooled natural gas and departed June 13, the data shows. The facility is used by traders to store and export supplies from Belgium, which doesn’t produce its own LNG.

Argentina imports LNG through YPF SA, the country’s largest energy company, and state-run Energia Argentina SA, known as Enarsa. YPF closed a tender on May 6 to buy seven cargoes for delivery to Bahia Blanca. Enarsa and YPF have issued seven spot tenders seeking as many as 150 shipments since December.

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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