At the port terminal, the consortium has leased two floating LNG liquefaction vessels: the Hilli Episeyo, scheduled to start production in late 2027, followed by the MKII approximately one year later. Combined, these vessels will have an annual export capacity of six million tons, with a notable portion of exports earmarked for Germany, reflecting Argentina’s strategy to expand its LNG presence in Europe. Initially, operations will utilize minor extensions to the existing pipeline network, but sustaining full capacity and a reliable export supply chain will necessitate the construction of a dedicated pipeline running directly from Vaca Muerta to the coast.
The emergence of this financing underscores renewed international banking interest in Latin America’s energy infrastructure amid Argentina’s recent market reforms and growth in unconventional hydrocarbon production. The deal, pending finalization and possible inclusion of additional financiers, represents a significant step toward boosting Argentina’s LNG export capabilities and integrating Vaca Muerta more deeply into global gas markets. The project also aims to diversify Argentina’s energy export portfolio and solidify its role as a competitive LNG supplier to Europe.
This article was curated and published as part of our South American energy market coverage.
