Argentina plans to close LNG importing facility
Egypt is out, now Argentia too, maybe some pipes from Argentina to Uruguay and Brasil and those terminals go down the drain too. LNG supply, on the other side, still grows unabatedly and China hits serious bottlenecks in gas growth. There is still a deluge of LNG coming our way – and I know just where it could go.
Argentina plans to close a facility for importing liquefied natural gas (LNG), according to people with direct knowledge of the matter, after booming production from shale deposits in the Vaca Muerta region turned the country into a seasonal exporter.