Exmar’s Tango FLNG Touches Down in Bahia Blanca, Argentina
- Business & Finance
The 16,100 cbm Tango floating liquefaction unit (FLNG) has arrived in Bahia Blanca, Argentina, following a 45-day voyage from China, Belgium-based shipping group Exmar announced.
Tango FLNG was transported from China to Argentina onboard a heavy lift vessel, after a contract signing in November 2018.
According to Exmar, the next major project milestone will involve outfitting and commissioning the unit. Departure of the first fully-loaded conventional LNG carrier is expected in the second quarter of 2019.
The unit will stay in Bahia Blanca for the next ten years, producing LNG for export for Argentine energy company YPF.
Up to eight LNG cargoes per year are set to be produced over the ten-year period, the Belgian company earlier informed.
This project will turn Argentina into an LNG exporter, Exmar said, adding that the FLNG unit is designed to operate with a liquefaction capacity of approximately 0.5 million tons of LNG per year.
According to the company, the Liberia-flagged Tango FLNG is expected to become the first FLNG unit in operation in the Americas as it starts up production in the second quarter of 2019.
Previously known as Caribbean, the 2017-built Tango FLNG measures 144 meters in length, 32 meters in width and has a draught of 5.4 meters.
Video Courtesy: Exmar Group