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IEASA CLOSES CAMPAIGN WINTER 2020 WITH RECORD PRICES

Introduction

Do you know what is LNG?

By its acronym, LNG means Liquefied Natural Gas and is used to move the gas into a liquid state from one place to another by ship.

The procedure of liquefying natural gas requires the cooling of natural gas to -160°C, reducing to 600 times its volume. For your transfer is used by ships, to maintain that low temperature.

The process of the liquefied gas is composed of three phases:

• Liquefaction of Gas in the port of loading.
• Transport lng carriers.
• Regasification and injection to the gas pipeline network in the country of destination for that then comes to our homes, industries, etc

Every ship that enters travels from distant destinations such as Trinidad and Tobago, USA, Qatar, etc, requiring a strict planning for the entry and subsequent development of the operation at the port of discharge. The transfer of the ship from port of loading to Argentina can last up to 35 days.

From IEASA we monitor the ship and we see instantly the evolution of the domestic demand. Maintaining a permanent coordination with all actors involved.

The weather could affect both the feasibility of the income of cargo, as well as the deviation of demand with respect to previous estimates. This requires us to maintain an excellent tune with all the authorities involved, as the Prefecture; the operator of the regasificador and maritime agencies for each trade will have a good end.

Each ship must navigate through the Paraná de las Palmas River, whose income is limited by the depth, and requires the utmost attention to every procedure. IEASA coordinates these detailed actions to receive each shipment.

Using these operations, we contribute to the supply of up to 25% of the total gas injected into the national system. This is possible because, being the State energy company, we are the strategic tool through which the state supplements to the local production of our gas fields.

REPORT CAMPAIGN WINTER 2020

Detail

With the award of the fourth aim of LNG, we completed purchases educated for 2020, getting the best prices in 12 years of history, which will generate a substantial benefit to the Country and its resources.

For the purchase of LNG, we are competitive processes international request for proposals (Request for proposal) providers, and each opening offers the transmit live from our website. In this link you will be able to access the results of the tenders.

https://www.energia-argentina.com.ar//detalle-de-cargamentos-gnl-comprados-para-el-2020/

We assume a strong commitment to achieve goals that were previously unattainable. This record of prices implies coordination and precision administrative and operational to capitalize on opportunities.

Coordination that we carry out together with YPF as operator of the terminal Escobar, and with the operator of the regasificador. This work has allowed us to achieve the historical record of injection of gas from the vessel regasificador, reaching a peak equivalent to 22.7 MMm3/day.

All of this in times of a pandemic where the conditions are even more difficult and that's why they become more valuable to these achievements. The intervention of IEASA in the programming and planning becomes critical to optimize the costs.

News related

Fifth Public LNG Tender

Energía Argentina has issued its fifth Request for Proposal (RFP) of the year for the supply of Liquefied Natural Gas (LNG). Proposals are requested for seven delivery dates, from which the volumes required by market demand will be selected.

Naturgy Awarded One LNG Cargo Supply Contract

Luego de la Licitación Abierta Internacional realizada el pasado 15 de abril, Energía Argentina adjudicó a la empresa Naturgy Aprovisionamientos S.A un cargamento de Gas Natural Licuado (GNL).

Two Bids Compete for LNG Commercialization Under the New Supply Scheme

Energía Argentina has received two technical bids as part of National and International Public Tender No. 01/2026 for the selection of a Commercializer-Aggregator agent for Liquefied Natural Gas (LNG). Comercializador-Agregador de Gas Natural Licuado (GNL).

International tender to select a supplier–aggregator of LNG

We launched the Public procurement National and International levels for the selection of an agent marketer–aggregator for the acquisition of Liquefied Natural Gas (LNG) and its commercialization in the domestic market nationwide during the winter period.
The process aims to select an operator that is in charge of importing LNG and market it as a gas regasificado in the domestic market, through the use of the regasification terminal located in Escobar.

According to the reactivation of the works of the dams on the Santa Cruz river

Energía Argentina reached an agreement for the resolution of historical conflicts with the Transient Binding (UT) contractor of the work, a necessary step to move forward in the wake of the works of the Hydro power stations in the Santa Cruz River.

Invitation to Tender National and International Public for the sale of shares of Citelec

The National Undersecretariat of Electric Energy has announced the launch of a National and International Public Tender for the sale of shares in Compañía Inversora en Transmisión Eléctrica S.A. (CITELEC).

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