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NATGAS: Argentina Awards LNG Tender to Vitol: Platts

NATGAS

Argentina’s Enarsa has awarded its LNG tender for two cargoes to Vitol, sources told Platts Aug. 30.

  • The tender was awarded at around TTF plus $1-$1.10/MMBtu, sources told Platts.
  • The tender also received offers from TotalEnergies, Gunvor, BP, Glencore, and Trafigura.
  • These are the first cargoes that Enarsa has awarded to Vitol under its 2024 procurement strategy.
  • The delivery windows are: Sep. 25-28 and Oct. 20-23
  • Enarsa is buying LNG to cover additional heating demand during the southern hemisphere winter, lasting from May-October.

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