US EditionArgentine Consortium Agrees to Multi-Million Dollar Export of Liquefied Natural Gas with German Company Sefe
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19 Articles
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Associated Press BUENOS AIRES (AP) — Argentine company Southern Energy signed a contract Monday with German state-owned Securing Energy for Europe (SEFE) for the sale of 2 million tons of liquefied natural gas annually for eight years, an agreement estimated to generate approximately $7 billion in revenue for the South American country. “A new stage begins for our country in the global LNG (liquefied natural gas) market,” announced Horacio Marín…
The agreement with the German state SEFE ensures sales for eight years and marks the beginning of the floating liquefaction project that will operate in Rio Negro
The business group of which Harbour and Golar LNG are also part, has signed a framework agreement with SEFE to export 2 million tons of liquefied gas per year for eight years since the end of 2027.They estimate that the operation could generate more than US$ 7 billion.
Southern Energy, the company made up of PAE, YPF, Pampa Energía, Harbour Energy and Golar LNG, signed an agreement for eight years for the sale of 2 million tons of LNG per year to SEFE Securing Energy for Europe, an international company owned by the Federal Government of Germany. The operation would be the largest sale of LNG from Argentina to the world in terms of volume and time and could reach a value of more than $7 billion during the dura…
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