Growth in Argentina's Vaca Muerta shale and tight gas production leads to LNG exports

Argentina’s domestic natural gas production has been rising steadily in the past three years, largely because of increasing production from the Neuquén Basin’s Vaca Muerta shale and tight gas play. Production from Vaca Muerta surpassed 1.0 billion cubic feet per day (Bcf/d) in December 2018. As production has grown, Argentina has resumed exporting natural gas by pipeline to neighboring Chile and Brazil and has started exporting liquefied natural gas (LNG). Argentina’s first LNG export cargo was shipped on June 6 from the offshore Tango floating liquefaction unit (FLNG). Source: Today in Energy – Growth in Argentina's Vaca Muerta shale and tight gas production leads to LNG exports

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Source: CTRM Center

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