EXMAR is pleased to announce that 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 reaching this unique milestone. It is the first LNG shipment from the Americas produced on a floating liquefaction unit. This demonstrates the solid performance of EXMAR’s floating infrastructure solutions.
About EXMAR
EXMAR (ERB: EXM) is a provider of floating solutions for the operation, transportation and transformation of gas. EXMAR’s mission is to serve customers with innovations in the field of offshore extraction, transformation, production, storage and transportation by sea of liquefied natural gases, petrochemical gases and liquid hydrocarbons.
EXMAR creates economically viable and sustainable energy value chains in long-term alliances with first class business partners. EXMAR designs, builds, certifies, owns, leases and operates specialized, floating maritime infrastructure for this purpose as well as aiming for the highest standards in performing commercial, technical, quality assurance and administrative management for the entire maritime energy industry.
EXMAR has been a pioneer in introducing innovations along the entire LNG and LPG value chain for offshore and inshore ship-to-ship transfers, regasification and floating liquefaction (FLNG) projects around the world. EXMAR is one of the world’s largest operator of floating regasification units, with 24/7 management of 11 FSRUs.
About YPF
YPF (BCBA: YPFD) is the main energy company in Argentina and leader in the production of non-conventional resources. It is an integrated energy company that generates a varied offer: natural gas, electricity, fuels, petrochemical inputs, lubricants and agricultural products, among others. It has more than 1500 service stations that allow it to supply all points of the country.