August 28th – YPF New Terminal in North Patagonia Port

August 28th 2022

Offshore oil drilling Argentina:

National Holidays:Friday, Friday, October 07th and Monday October 10th

River Parana Draft Forecast:

Grains and Markets:

The Argentine Government has extended the 12.5 per cent compulsory cut of biodiesel into the diesel fuel supply at gas stations for a further six-months. Biodiesel in Argentina is principally composed of soyabean oil.
Colombia is in the market for a Supramax of maize October dates. Jordan is still looking for 120 thousand tons of barley during December, plus another 120 thousand of wheat in January. Qatar is looking for 100 tons of barley, also, in December.
Export booking for wheat, 2022-2023 harvest are already at 8.8 million tons.

Re-gasification vessel leaves Bahia Blanca:

The LNG Re-gasification vessel EXEMPLAR has sailed from Bahia Blanca bound for The Baltic Sea where it is reported to be employed during the Northern Hemisphere winter 2022-2023.
The vessel’s departure marks the end of the LNG importing season in the Southern Hemisphere. The Belgium flagged vessel had been moored in Bahia Blanca and had been re-processing LNG from import vessels during the Southern winter months.
The LNG Re-gasification vessel EXPEDIENT remains alongside at Escobar, on the River Parana, until further notice.

YPF New Terminal in North Patagonia Port:

The press has reports of new crude oil exporting terminal to be established by the State run oil company YPF at Punta Colorada, Northern Patagonia.
There is no official announcement yet. Nevertheless the intention is to use this terminal for exporting crude sourced from Vaca Muerta field in the north-west Patagonia.
YPF’s intention is to construct an oil pipeline from Vaca Muerta.
Punta Colorada has been in the news last year since the announcement by Fortescue Future Investments of the establishment of a “green” hydrogen export installation.
The location has been used as a port to export iron ore.

Weather the rest of the week. Bunker deliveries at Zona Comun:

Good weather conditions forecast for STS operations.
As always the actual STS bunkering operation depends on the criteria of the Masters of the vessels involved.

Will keep you posted.
Best regards,
Antares Servicios Maritimos S.A.

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