Opening of Argentina's Second LNG Import Facility
With President Cristina Fernandez de Kirchner present to honor the opening of Argentina's second LNG import facility, a joint development between YPF S.A., ENARSA and excelerate Energy, GNL Escobar (GNLE) was officially open for business on June 8, 2011. Located on the Parana River, about 30 miles outside Buenos Aires City, GNLE utilizes Excelerate Energy's GasPort design. As well as providing increased peak capacity for the high-demand winter months, the facility delivers additional natural gas supply and transport capacity to the Buenos Aires region. The facility began receiving cargoes on May 24, 2011 and has already offloaded four cargoes of LNG using ship-to-ship transfers. Ongoing operations and supply logistics of the facility are currently coordinated jointly between the three companies.