Argentina LNG Export Deal With Germany Is Now Binding
Argentina has signed its first long-term LNG export contract, a binding deal with Germany's state-owned SEFE. Vaca Muerta gas starts shipping in late 2027. The post Argentina LNG Export Deal With Germany Is Now Binding appeared first on The Rio Times .
Argentina has inked a binding deal with Germany to export liquefied natural gas (LNG), the country's first long-term commitment of this kind. The seller, Southern Energy S.A., is an Argentine consortium made up of Pan American Energy, YPF, Pampa Energia, Harbour Energy, and Golar LNG. The buyer is SEFE, the German government's official gas company, formerly known as Gazprom Germania.
The contract, signed in March 2026, is estimated to generate around US$7 billion in revenue over its eight-year lifespan, though the exact formula for calculating this amount is not publicly disclosed. The gas will be sourced from Argentina's Vaca Muerta shale formation and shipped from two floating plants in the Gulf of San Matias, with production set to begin in mid-2028.
This deal is a significant development for Argentina, as it provides a reliable source of hard currency through energy exports, which have been growing steadily in recent years.
Written by urgent.news from The Rio Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
