Argentine President inaugurates Buquebus LNG plant

Argentina’s President Cristina Fernandez de Kirchner highlighted the importance of the huge investment made by the Argentine shipbuilder, Juan Carlos Lopez Mena, on the liquefaction plant owned by the Buquebus group, in a video conference last week.

The president stressed that the work opened in the town of San Vicente is “a major private investment worth 350 million pesos,” and she added “as Juan Carlos Lopez Mena has said, it is operated by national technology, run by the Argentine company Galileo, a leader in liquefied gas.”

The new plant in San Vicente, aims to feed with liquefied natural gas the turbines of the “Francisco” ferry, which as Buquebus announced, will be the environmentally cleanest passenger ship in the world.

In his speech, Buquebus president, Juan Carlos Lopez Mena, said that 96% of the components used in the plant are Argentine industry and it is the first plant of this type in the world. “There are many entrepreneurs all over the world who are looking forward to visiting the plant, and I think that Galileo, a great Argentine company, will be in much demand for these modules of gas liquefaction,” he stated, in reference to the Cryobox® Nano LNG Production Stations.

Press Release, August 13, 2014; Image: Galileo