Argentina loads its first commercial LNG cargo from new facility
Argentine oil company YPF SA has loaded its first commercial liquefied natural gas (LNG) cargo for export from a new floating facility, trade sources said on Friday.Argentina's export joins a wave of new supply flooding the spot market which has depressed Asian spot prices to their lowest in a decade for this time of the year.The state-owned firm issued a tender which closed on Nov. 6 to sell 2.1 trillion British thermal unit (Tbtu) of LNG for loading from FLNG Tango, the liquefaction vessel off Bahia Blanca, the sources said.YPF exported its first test LNG shipment in June, but this was its first commercial cargo, they added.The cargo loaded from the facility on Oct. 26 on the LNG tanker Excalibur and is now moored off Bahia Blanca with de.....