Golfo San Matías FLNG Terminal

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Golfo San Matías FLNG Terminal is a proposed floating liquefied natural gas (FLNG) export terminal in Argentina.

Location

The terminal would be located about 35km south of Las Grutas, Río Negro province, Argentina.

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Project details

• Operator: Southern Energy SA
• Owner: Southern Energy SA
• Parent company: Pan American Energy SA, Pampa Energía [20%], Harbour Energy [15%], Golar LNG [10%], YPF
• Vessel Name: FLNG Hilli Episeyo
• Location: 35km south of Las Grutas, Río Negro province
• Coordinates: -41.097482, -65.14845 (approximate)
• Capacity: 2.45 mtpa
• Status: Proposed
• Type: Export
• Start year: 2027
• Cost:
• Financing:
• FID status: pre-FID (FID expected in Q1 2025)
• Associated infrastructure:

Background

In July 2024, Southern Energy SA — a joint venture of Golar LNG and Pan American Energy — signed a 20-year agreement to develop an FLNG export terminal in Argentina utilizing Golar's Hilli FLNG, with a capacity of 2.45 mtpa and a 2027 start-up date. Exact location and other details of the project remained unspecified.

In late November and early December 2024, further details of the project were confirmed. The project's location was identified to be approximately 35km south of the coastal community of Las Grutas in Río Negro province. Three additional companies — Pampa Energía, Harbour Energy and YPF — announced that they had acquired ownership stakes in the venture and would join forces with Pan American Energy and Golar to develop the project. A final investment decision was expected in the first quarter of 2025.