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.
The FLNG unit belongs to Nicolas Saverys-led shipowner Exmar, and its following accomplishment includes outfitting and commissioning the unit.
Also, the departure of the first conventional LNG vessel is planned in the Q2 in 2019, according to the company.
Tango FLNG is the first project that uses Exmar’s FLNG technology.
The unit will be the first FLNG to produce LNG in the Americas. Therefore, Argentina will be for the first time a LNG exporter.
Finally, Tango FLNG is designed to operate with a liquefaction capacity of about 0.5 million tonnes of LNG, annually, and will serve YPF in exporting Vaca Muerta gas reserves to international markets.