EXMAR’s FLNG arrived in Argentina
EXMAR has announced that EXMAR’s Floating Liquefaction Unit (FLNG), to be renamed Tango FLNG, has berthed in Bahia Blanca, Argentina where it will stay and produce LNG for export for YPF over a ten-year period, the company said in its release.
After contract signing in November 2018, the unit was transported from China to Argentina on-board a heavy lift vessel. The next major project milestone will involve outfitting and commissioning the unit. Departure of the first fully-loaded conventional LNG carrier is expected in the second quarter of 2019.Tango FLNGis the first project using EXMAR’s FLNG technology and will soon become the first FLNG to produce LNG in the Americas. This will turn Argentina into an LNG exporter.
Tango FLNGis designed to operate with a liquefaction capacity of approximately 0.5 million tons of LNG per year and will play a key role in YPF’s endeavours to export Vaca Muerta gas reserves to international markets.