November 2010 Vol. 237 No. 11

Projects

Excelerate Energy To Develop Second LNG Facility In Argentina

Excelerate Energy L.P. recently announced the signing of a Term Sheet with a consortium formed by Argentina’s ENARSA S.A. and YPF S.A. to develop a second Argentine LNG importation facility in Escobar, 30 miles north of Buenos Aires. The Escobar LNG import facility, complementary to the existing GasPort® operation south of Buenos Aires in Bahia Blanca, will allow delivery of up to an additional 500 MMcf/d of natural gas to Argentina’s market. Due to its favored location, the GasPort facility in Escobar will have a significant impact on the supply to Buenos Aires and the north of Argentina, adding flexibility and fast response to these growing markets. The Escoba

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