YPF Tenders for 11 Shipments of LNG

Argentina's state-controlled YPF is tendering to buy 11 shipments of liquefied natural gas (LNG), traders said on Thursday.

The traders said the tender includes six full cargoes and five partial cargoes of LNG with a shipping period between April and June.

The tender is due to close on March 17.

Traders have been expecting a tender from Argentina for some months, after YPF delayed it from September last year due to ample supply and low demand.

The partial cargoes are expected to go to YPF's river terminal at Escobar, due to its shallow water depths, while the full cargoes are likely to go to the Bahia Blanca terminal.