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Argentina’s LNG import terminal in Escobar to reopen, easing shortage concerns
A federal judge in Argentina has lifted a more than three-month suspension of the country’s only floating storage and regasification unit (FSRU) after the government warned of natural gas shortages if LNG imports were hindered.
The FSRU, which is docked in Escobar, a district up the Parana river from Buenos Aires, was ordered closed last October on explosion concerns. In an 11-page ruling, Judge Adrian Gonzalez Charvay said studies presented by the national Energy Secretariat, the state-backed energy company YPF, which operates the FSRU, and other companies and entities involved found that there was no risk of an explosion.