The Argentine government has initiated a public tender for the privatization of liquefied natural gas (LNG) imports, which could affect household gas prices in the winter.
On Monday, the Argentine government announced a public national and international tender for the privatization of liquefied natural gas (LNG) imports, effectively removing the state from its intermediary role in the natural gas sector. This move has raised concerns regarding potential impacts on gas tariffs, especially during the winter months when demand typically spikes. Households may experience an additional rise in their gas bills as a result of these changes.
As outlined in resolution 33/2026 by the Energy Secretariat, the government plans to select a 'single private marketer-aggregator' responsible for importing LNG and distributing it within the country, including to local distributors that service homes and large industrial users. The privatization aims to streamline operations and potentially enhance efficiency in the gas market, but it also carries financial risks associated with fluctuating commodity prices and market dynamics.
The privatization includes a one-year, renewable contract for the selected private entity to manage services and access to the regasification terminal in Escobar, which is owned by YPF and Energía Argentina (Enarsa). This new structure signals a significant shift in energy policy, with implications for both consumers and the broader market as it opens the door for private sector involvement amidst ongoing energy challenges in Argentina.
