In early June, Argentina exported its first liquefied natural gas (LNG) cargo ever. Government officials and industry players agree that the path forward for monetizing the world’s second-largest shale gas play is almost exclusively an LNG conversation. The LNG shipment in early June underscores that development of the gas market is moving ahead despite the country’s macroeconomic difficulties and electoral calendar.

Why Argentina’s first LNG export matters

 
 
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