According to EIA, Argentina’s domestic natural gas production has been steadily increasing in the past three years, due to the increased production coming from the Neuquén Basin’s Vaca Muerta shale and tight gas play. Its production surpassed the 1 billion cubic feet per day (Bcf/d) in December 2018.
Tango FLNG (floating LNG), previously known as the Caribbean FLNG, arrived in Argentina on early February. The gas unit voyaged from China onboard a heavy lift vessel. The floating LNG unit will remain in Argentina and produce LNG for export for the Argentinian energy company YPF over a 10-year period.
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