Feb 9 • 22:50 UTC 🇦🇷 Argentina La Nacion (ES)

The State withdraws from gas imports and seeks a private operator before winter

Argentina's government is shifting the responsibility of importing liquefied natural gas (LNG) to a private operator ahead of the winter demand peak.

The Argentine government has announced a significant move away from state-managed liquefied natural gas (LNG) imports, as outlined in resolution 33/26 from the Energy Secretariat. This decision comes as preparations for the approaching winter demand peak intensify, creating urgency for ensuring a steady supply of gas. The initiative establishes a framework for a national and international tender aimed at selecting a single private marketer who will manage LNG imports within approximately 40 days.

Under this new model, the designated private operator will be responsible for importing LNG from international markets, regasifying the gas at the Escobar terminal, and distributing it within Argentina. Notably, the gas will be sold with a delivery point at Los Cardales, a crucial hub in the domestic gas distribution system. This change in structure marks a pivotal shift in Argentina's energy policy, reducing the state's role in direct energy operations and potentially leading to greater efficiency and responsiveness in meeting market needs.

The implications of this strategy are profound, particularly as the country prepares for its winter energy demands. By transitioning to a private operator, the government aims to enhance the reliability of gas supply amidst rising consumption and fluctuating global energy prices. As this tender unfolds, it will be critical to monitor how it affects domestic energy markets and whether it successfully addresses the challenges posed by the seasonal demand for natural gas in Argentina.

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