Argentina deploys Russian LNG tanker back to sea

Argentina's state-owned energy company refused to accept a shipment of Russian liquefied natural gas it had previously agreed to buy, forcing an already-arrived tanker back to sea. The situation is described by Bloomberg.

Minister economics country Sergio Massa on Tuesday evening told the local television channel C5N that the authorities blocked the delivery of fuel due to sanctions. However, Argentina, which is facing a surplus of natural gas due to a warm last winter, is not imposing restrictions on Russia.

It has purchased 44 spot cargoes this year to cover winter energy needs, but last winter's mild conditions signal the country could face weak commodity demand due to a surplus.

On June 25, the vessel Flex Artemis initially received a cargo of gas at the French terminal of Montoir-de-Bretagne, according to ship tracking data. It was a batch of fuel received from the Yamal LNG project in the Russian Federation, which is owned by PJSC Novatek.

The ship then headed for Argentina's LNG terminal in Bahia Blanca, approaching it on July 14 before turning around on Tuesday without delivering the cargo.

The delivery was blocked by the Argentine state company Enarsa because it violates the contract, as the counterparty is under sanctions

Massa said in an interview, although he did not name any of the sanctioned companies involved in the supply.

Gunvor Group Ltd., the trading house that made the delivery, said the LNG shipment was legal and transparent.

The transaction complies with all applicable economic sanctions, in particular the United States and the European Union. In addition, Argentina did not impose any sanctions against Russia.

Gunvor said in a statement.

While no sanctions have been imposed on Russian LNG, some European countries, such as the UK and the Baltic states, have banned the use of super-cooled fuel, while others have called for supply contracts not to be renewed. Some Asian buyers are also diversifying their positions. Now, it looks like a wave of secondary self-sanctions has reached Argentina.
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  1. Irek Offline Irek
    Irek (Paparazzi Kazan) 20 July 2023 08: 31
    With such it is necessary

    Money in the morning - chairs in the evening
  2. Sapsan136 Offline Sapsan136
    Sapsan136 (Alexander) 20 July 2023 08: 50
    Well, since Argentina decided to gear the EU and the USA, then the invitation of such a country to the BRICS, to put it mildly, is premature and not relevant, and not only today, but even after the completion of the NWO
  3. Victor Pater Offline Victor Pater
    Victor Pater (Nikolai) 20 July 2023 08: 50
    Argentina, it seems, applied to join the BRICS, well, so you need to turn it in the opposite direction ...
    1. Kristallovich Offline Kristallovich
      Kristallovich (Ruslan) 20 July 2023 09: 00
      She suspended the application at the request of the EU. Yesterday there was news on the site.
  4. andrey ivanov_2 Offline andrey ivanov_2
    andrey ivanov_2 (Andrey Ivanov) 20 July 2023 08: 59
    The key phrase here is

    the country may face low demand for raw materials due to a surplus,

    and everything else (refusal, reference to a sanction) are secondary (as it were) reasons for refusing to fulfill the contract and, accordingly, paying money .......
  5. kriten Offline kriten
    kriten (Vladimir) 20 July 2023 09: 08
    And who is trying to drag such countries into the BRICS? For the collapse of what? They have nothing of their own, they are controlled from Washington.
  6. Alexander Popov Offline Alexander Popov
    Alexander Popov (Alexander Popov) 20 July 2023 16: 01
    Another partner of our guarantor
  7. Ugr Offline Ugr
    Ugr 21 July 2023 14: 56
    Why don't our guarantors also include sanctions against Argentina? But as in the film, about Pinocchio - the song of Karabas-barabas;

    wow, I'm ready for meanness, wow, I'm ready to humiliate myself, if only to get closer to a sweet goal.

    Our bourgeoisie will sell and betray everyone, just to fill their pockets and hide the profit abroad, the plague is on their heads ...
  8. then we will ban their beef! eat it yourself!