Belgium-based Exmar recently reached a settlement agreement with Argentina state oil and gas firm YPF SA over the Tango floating liquefied natural gas (FLNG) vessel docked at the Bahía Blanca port. YPF issued a force majeure notice in June claiming it couldn’t meet the terms of its charter agreement for the Tango vessel because of…
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Exmar, YPF Terminate Floating LNG Sendout Deal in Argentina
Belgium-based Exmar has reached a settlement agreement with Argentina state oil and gas firm YPF SA over the Tango floating liquefied natural gas (LNG) vessel docked at the Bahía Blanca port. YPF issued a force majeure notice in June claiming it couldn’t meet the terms of its charter agreement for the Tango vessel because of…
The Offtake: LNG in Brief
A roundup of news and commentary from NGI’s LNG Insight Henry Hub settled at a 25-year low on Thursday at $1.482, down 7.2% day/day, while the front-end of the Nymex forward curve collapsed after a 120 Bcf injection into storage. U.S. futures extended their losses in early trading Friday, but the July contract rolled off…