Argentina’s Enarsa receives five offers for latest LNG cargo tender

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

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

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

Last week, Enarsa announced that it has sent the fourth request for proposals of the year for five LNG shipments to meet the seasonal peak in natural gas demand in August.

Enarsa invited 39 pre-qualified companies to participate.

A document posted on Enarsa’s website recently showed that the company will spend about $567.5 million to purchase 22 LNG cargoes from BP and TotalEnergies this year, following the completion of the first three tenders.

Each of the cargoes, with a capacity of 2,100,000 MMBtu, will meet peak seasonal demand for natural gas.

The document shows that Enarsa selected BP’s unit, BP Gas Marketing, to supply all six LNG cargoes from April to June to the Escobar terminal as part of the first tender.

The average price for these six LNG cargoes is 13.666/MMBtu, or about $172.19 million in total for all the shipments.

Moreover, Enarsa also selected BP Gas Marketing to deliver all eight LNG shipments from June to July as part of the second tender.

The average price for these eight LNG cargoes is 11.477/MMBtu, or about $192.81 million in total for all of the shipments.

Additionally, Enarsa selected BP Gas Marketing to deliver one shipment in August under the third tender.

TotalEnergies won seven cargoes under this tender.

The average price for these eight LNG cargoes is $ 12.054/MMBtu, or approximately $202.5 million in total.

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