Argentina will be joining the ranks of exporters of liquefied natural gas (LNG) next year when it stars exporting gas from its Vaca Muerta shale play. Argentina’s energy firm YPF and Belgian energy shipping company Exmar have signed a ten-year agreement, under which Exmar will deploy a floating LNG unit (FLNG) to the Port of Bahía Blanca in the second quarter of 2019, Exmar said on Wednesday. The FLNG unit will be redeployed as Tango FLNG to produce and export LNG from Vaca Muerta, one of the few shale gas plays in production outside the United States. Thanks to the deal, Argentina will become part of the “select club of global LNG exporting nations, with an initial plan to export 500,000 tons of LNG per year to overseas markets,” Exmar said in a statement. “Thanks to the commercial relationship with EXMAR we are now able to add value to […]