Rocca Fueled for Growth: Billion-Dollar Bet on New LNG Powerhouse

2024-10-10 10:00:00

Tecpetrol, an oil company of the Techint Group, Partnering with YPF and Pan American Energy (PAE) to achieve export goals for Vaca Muerta natural gas LNGliquefy, and Design of modular land plant progresses not only Possibly located in Puerto BlancaBut like Flag Oil’s plan, it aims to add other producers.

Although the initiative has not yet been named It’s been in development for a year and a halfbut is in advanced stage The industry defines what FEED (English front-end engineering design) is, that is, in Engineering designin detail, It is expected to be completed by the middle of next year.

The planned complex includes There are two significant differences from the YPF project (originally Petronas) named Argentina GNL, same as PAE. On the one hand, it is about Project entirely on landit is not intended to start with the liquefaction stage from the ship.

This is what leads to The second big difference is its future positioning. The key to choosing your destination It does not depend on sea conditions.As with the PAE project, this project prioritizes factory ship locations with low waves and deep draft.

«For these projects you must know the capabilities of the land as they are very heavy equipment.where each module weighs 7,000 or 8,000 tons,” explained, adding that at least three variables can define the location, such as temperature.

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One thing is Can bring hope to Puerto Blanca After the confirmation of two other proposals for the option of the Costa Negro, it is not excluded, as it is known today, that the location of the modular LNG plant will be exactly on the coast of Bahia.

The program remains managed internally by Techint Group oil company as it depends, among other factors, on the progress of other projects.

But it turns out that The design plan points to the “industrial park” model where other manufacturing companies are involved.not only providing partial financing to add modules to the project, but also providing some of the necessary natural gas production.

Rionegro also chosen for country’s second LNG project: PAE and Golar confirm the vessel’s location

he The first module has a production capacity of 2 to 4 tons per year (MTPA) This will allow you Use existing gas piping system. Only as more modules are advanced will Tecpetrol’s plans consider building a new natural gas pipeline from Vaca Muerta dedicated to the export complex.

he The project aims to expand the Vaca Muerta natural gas marketconsidering that Paolo Rocca’s oil company often says that regional markets are interesting, but end up being “aspirin” because of the huge potential of unconventional games.

Along these lines, it was emphasized that although if through North Gas Pipeline, In the event of a reversal, the Brazilian market may no longer be safe if neighboring countries order not to export some of their offshore gas production.


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