Argentina’s Enarsa gets offers for new LNG cargo tender

Argentina's state-owned LNG importer Energia Argentina (Enarsa) has received six offers for its third LNG cargo tender in 2025.

The event was streamed live on Enarsa’s YouTube channel on Tuesday.

Units of Vitol, TotalEnergies, BP, PetroChina, Gunvor, and Trafigura submitted the offers.

Last week, Enarsa announced that it has sent the third request for proposals of the year for eight LNG shipments.

Enarsa invited 39 pre-qualified companies to participate.

Each of the cargoes, with a capacity of 2,100,000 MMBtu, is expected to meet peak seasonal demand for natural gas in July and August.

In March, Enarsa received seven offers for the first LNG cargo tender of the year.

Enarsa stated in April that it has secured eight LNG cargoes under the second tender.

The firm awarded the cargoes to BP for delivery to the Escobar terminal.

Enarsa’s website shows that the firm purchased 29 LNG cargoes under five tenders in 2024.

This is down from 44 LNG cargoes in 2023.

In 2024, the LNG suppliers included TotalEnergies, Glencore, BP, Trafigura, Gunvor, and Vitol.

Enarsa paid between $9.991/MMBtu and $13.624/MMBtu for the 2024 LNG cargoes.

The Escobar terminal received all of these cargoes during June-September.

Excelerate Energy’s Expedient FSRU serves the LNG import terminal.

Argentina is reducing its LNG imports and is looking to become a significant exporter, enabling Vaca Muerta shale natural gas to access global LNG export markets.

Pan American Energy, Golar LNG, YPF, Pampa Energia, and Harbour Energy recently took a final investment decision on the first FLNG unit.

The partners are also working to greenlight the second FLNG, while YPF continues to progress work on the second and third phases of its Argentina LNG project.

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