Second LNG Terminal Planned to Avert Argentinean Gas Shortages

摘要

The Argentinean affiliate of Spain's Repsol YPF will build a regasification facility for imported LNG in the region of Escobar, near Buenos Aires. Federico Etiennot, a YPF spokesperson, confirmed plans for the facility, as well as an associated pipeline that will connect with the main pipeline supplying northern Argentina. The project should be operational within a year. Total cost is estimated at between $140 million and $150 million, with both YPF and Enarsa, Argentina's state oil and Has firm, paving an equal share.