Overview

• The Secretaría de Energía authorized Southern Energy to export liquefied natural gas (LNG) under a 30-year free-export license, the first of its kind in Argentina.
• The project involves installing the Hilli Episeyo floating liquefaction vessel off the coast of Río Negro, with an annual processing capacity of six million tonnes starting mid-2027.
• This initiative is backed by the Régimen de Incentivo a las Grandes Inversiones (RIGI) to ensure legal security and attract large-scale energy investments.
• The consortium behind Southern Energy includes Pan American Energy, Golar LNG, YPF, Pampa Energía, and Harbour Energy.
• Future plans include additional vessels and infrastructure, potentially increasing export capacity to 27 million m³/day by late 2027, requiring investments exceeding $22 billion.