Alberto Weretilneck celebrated the decision of PAE and Golar: “Today is a great day for Río Negro”

Alberto Weretilneck celebrated the decision of PAE and Golar: “Today is a great day for Río Negro”

“In the San Matías Gulf, in Río Negro, will be the place where the Hilli Episeyo ship will park to produce and manufacture LNG that will later be exported”Weretilneck said in a message recorded from his office in Viedma, and sent through social networks.

According to the companies, PAE and Golar LNG They worked together to technically analyze the best location for the vessel taking into account maritime conditions, logistics and infrastructure development costs. “As a result of the technical analysis, the San Matías Gulf in the province of Río Negro was recognized as the best location available for the Hilli Episeyo vessel”they stressed in an official communication sent to Energy Report.

Boat PAE.jfif

Pan American Energy and Golar LNG signed a 20-year contract. The ship will have a production capacity of 2.4 million tons of LNG per year, equivalent to 11.5 million cubic meters per day of natural gas.

The ship has a production capacity of 2.45 million tons of LNG per year, equivalent to 11.5 million cubic meters per day of natural gas.

“It is a great satisfaction and joy for us that our province provides PAE and Golar with legal security and stability, a friendly framework, to carry out these tasks,” said the president, and highlighted the province’s adherence to the Large Investment Incentive Regime (RIGI).

“With the RIGI we have taken a very important step, and this will surely result in many benefits for the province, Patagonia and the country”added the governor.

Furthermore, Weretilneck said that “With this measure, Argentina joins the LNG exporting countries.”

“We thank PAE and Golar for making the decision and trusting Río Negro. We will have all the predisposition and collaboration so that this project is carried out in the best possible way. “Today is a great day for Río Negro,” he concluded.

Why did PAE choose Río Negro for its LNG vessel?

The location was defined based on the own characteristics ship operationthe bathymetry studies (measuring the depths of the sea to determine the topography of the seabed) and the oceanographic conditions (tides, waves, winds and currents) of the site.

As they noted, The conditions of the San Matías Gulf are similar to those that exist in the vicinity of Kribi, Cameroon, where the Hilli Episeyo It has already produced more than 8 million tons of LNG and loaded more than 120 LNG tankers.

Boat PAE.jfif

“The operational availability in the San Matías Gulf is very high and was decisive for the choice of the site: its anchoring depth of approximately 35 meters allows safe operation and without draft restrictions”, the companies stood out.

Furthermore, studies of surf and of winds They were also considered for the election. The ship, the equipment and systems installed on board, are designed to guarantee its operability with surf up to four meters, they stressed.

Along these lines, they added that in the San Matías Gulf it is expected that in the 99% of time the waves do not exceed the 2.5 metersso it is guaranteed a safe operation.

Boat PAE.jfif

What does Río Negro need to export Argentine LNG?

Initially the ship will be supplied with natural gas using the existing capacity of the transportation system in the months of the year with lower local demand.

At this stage the construction of infrastructure will be required:

  • the interconnection to trunk gas pipelines;
  • a compressor station to ensure optimal gas pressure in the vessel;
  • an onshore gas pipeline to the coast;
  • an underwater gas pipeline connecting to the ship;
  • the mooring system.

Subsequently, the objective is that the liquefaction vessel can operate all year round, for which the construction of transportation facilities is planned, being the San Matías Gulf the closest site from Vaca Muerta.

As this media learned, PAE and Golar LNGthrough Southern Energyare in negotiations with companies in the sector so that they can join the joint venture. One of the most interested in joining is YPF.

Source: Ambito

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