September 18, 2024 16:18 GMT
LNG: Argentina’s Enarsa Aims to Import 25 LNG Cargoes in 2025: Platts
LNG
Argentina’s Enarsa will bring 25 LNG cargoes in 2025, down from 30 this year, a company source told Platts.
- “The projection for 2025 estimates 25 LNG shipments,” an anonymous source told Platts. “Of course, this is a projection. It does not imply that due to different circumstances that number will be modified.”
- An earlier and colder winter starting in May pushed Enarsa to raise imports above previously planned this year.
- The scaling back for next year comes as local production rises as the Vaca Muerta shale play is developed.
- Output is up to 150 mcm/d, while domestic demand is around 140 mcm/d.
- The key for cutting LNG imports is pipeline capacity from Vaca Muerta. A 40 mcm/d pipeline is under construction, with around 22 mcm/d already in operation.
- The remaining capacity is targeted to come online in 2025.
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