(Exmar, 10.Nov.2023) — The Executive Committee of EXMAR NV reported its third quarter results of 2023, including comments on delays crossing the Panama Canal, BW Tokyo and Tango FLNG. _________________
Tag: Tango FLNG
Eni Acquires Tango FLNG to Export LNG from Congo
(Eni, 5.Aug.2022) — Eni has acquired the company Export LNG Ltd, which owns the Tango FLNG floating liquefaction facility, from Exmar group. The facility will be used by Eni in the Republic of Congo, as part of the activities of the natural gas development project in the Marine XII block, in […]
EXMAR Sells Floating Liquefaction Unit to Eni
(EXMAR, 5.Aug.2022) — EXMAR has signed an agreement with Eni for the sale of the TANGO FLNG. TANGO FLNG floating liquefaction plant, delivered in 2017, has a storage capacity of 16,100 mÂł of LNG (liquefied natural gas) and a liquefaction capacity of up to 0.6 million tons per year. The […]
Exmar Inks $150mn Agreement With YPF
(Energy Analytics Institute, 19.Oct.2020) — Belgium-based Exmar reached a $150mn settlement with Argentina’s state-controlled YPF SA related to a dispute under the Tango FLNG agreements. In the deal, YPF will pay the settlement to Exmar for consideration of the early termination of the Tango FLNG agreements, as announced on 25 […]
YPF Issues Force Majeure Notice On Tango FLNG
(Reuters, 26.Jun.2020) — Belgian shipping company Exmar has said that it had received a force majeure notice from Argentine oil company YPF SA under charter and services deals for the Tango floating export project. “YPF claims that effects of the coronavirus (COVID-19) pandemic both worldwide and in Argentina have hindered […]
Exmar’s First LNG Shipment In Argentina
(EXMAR, 12.Nov.2019) — Exmar announced the first commercial LNG cargo has left Argentina for export. It was produced on board Exmar’s Tango FLNG and is now being transported by Excalibur, an Exmar’s fleet LNG carrier. Exmar’s Board of Directors and management want to congratulate both Exmar and YPF teams for […]
Tango FLNG In Second Week Of Ops In Argentina
(EXMAR, 30.Sep.2019) — The Tango FLNG has been receiving feed gas from YPF since 9 September 2019 and has been producing LNG to its full capacity since then. In the first two weeks of operations, the Tango FLNG has transferred 25,000 cubic meters of LNG to a storage vessel chartered […]
YPF Advances LNG Exports With Excelerate’s Assistance
(Excelerate, 25.Jul.2019) — YPF announced that a preliminary agreement was reached with Excelerate Energy L.P. (Excelerate) for the charter of a liquefied natural gas (LNG) carrier, which will export LNG produced from the TANGO FLNG unit, located in BahĂa Blanca, to the global natural gas market. Both parties will be […]
YPF Awards EXMAR Contract For Export Of First LNG From Argentina
(Exmar, 21.Nov.2018) — Belgium’s EXMAR NV and Argentina’s YPF signed a firm, ten-year agreement to deploy EXMAR’s barge-based floating LNG liquefaction unit (FLNG), currently known as Caribbean FLNG, to produce and export LNG from the Vaca Muerta formation located in the NeuquĂ©n Basin in Argentina. The barge-based floating liquefaction unit […]