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Argentina’s Second LNG Import Terminal Starts Operations to Meet Winter Demand

Argentina’s Second LNG Import Terminal Starts Operations to Meet Winter Demand

Gas-rich Argentina is back to importing natural gas from two ports with the startup of Excelerate Energy LP’s Exemplar floating storage and regasification unit (FSRU) at Bahía Blanca. The new liquefied natural gas (LNG) import option adds to the existing Excelerate FSRU now stationed at Escobar, also in Buenos Aires province. The Exemplar FSRU has…

June 4, 2021
Argentina Ramping Up LNG Imports Ahead of Southern Hemisphere Winter

Argentina Ramping Up LNG Imports Ahead of Southern Hemisphere Winter

Argentina has commissioned a second floating storage and regasification unit (FSRU) to meet higher-than-expected natural gas demand this upcoming winter in the Southern Hemisphere. The country’s natural gas buyer, Integración Energética Argentina (Ieasa), has leased an Excelerate Energy LP FSRU for the Bahía Blanca port. This will add to the existing FSRU now stationed at…

April 26, 2021
NextDecade Set to Sanction ‘Minimum of Two Trains’ This Year Despite MOU Expiration

NextDecade Set to Sanction ‘Minimum of Two Trains’ This Year Despite MOU Expiration

NextDecade Corp. has stopped all development activities for a liquefied natural gas (LNG) import terminal in Ireland, but the Houston-based developer still plans to reach a final investment decision (FID) this year on “a minimum of two trains” at the proposed export terminal in South Texas. A memorandum of understanding (MOU) reached in 2017 between…

January 20, 2021
India’s Bharat Planning FSRU for LNG Imports

India’s Bharat Planning FSRU for LNG Imports

Indian state-owned Bharat Petroleum Corp. Ltd. (BPCL) said Monday that it is planning to invest around $240 million to build a floating storage and regasification unit (FSRU) at the deepwater port at Krishnapatnam on the east coast.

August 28, 2019

German LNG Project, Supplied in Part with Texas Gas, Secures HOA with ExxonMobil

A unit of ExxonMobil Corp. has entered into a heads of agreement (HOA) to take a “substantial share” of capacity long term from Uniper SE’s planned natural gas floating storage and regasification unit (FSRU) in Germany.

January 28, 2019
Mexico Cancels Floating Storage and Regasification Tender for Southern Gas Supply

Mexico Cancels Floating Storage and Regasification Tender for Southern Gas Supply

The tender for a 600 MMcf/d floating storage and regasification unit (FSRU) in the Pajaritos port in the southern Gulf of the Mexican state of Veracruz has been called off, sources have told NGI’s Mexico GPI.

January 22, 2019

Hong Kong to Join Asian LNG Importers; Boost Power Generation

Misui OSK Lines (MOL) has signed a preliminary agreement to deploy a floating liquefied natural gas (LNG) unit in Hong Kong and supply two of the city-state’s largest electric generation plants.

June 27, 2018
Pajaritos FSRU Project in Southern Mexico Loses CFEnergia as Anchor Client

Pajaritos FSRU Project in Southern Mexico Loses CFEnergia as Anchor Client

The fuel marketing affiliate of state power utility Comision Federal de Electricidad (CFE) will no longer participate in a tender for a liquefied natural gas (LNG) project in southern Mexico, a company official told NGI’s Mexico GPI.

May 21, 2018