MK II FLNG

FID TakenArgentina·Liquefaction (Export)

Project Details

CountryArgentina

LocationSan Matias Gulf, Rio Negro

Terminal TypeLiquefaction (Export)

Rig TypeFLNG

Capacity3.5 mtpa / 4.8 bcm

Trains—

Start Date01-Jan-2028

Cost (US$bn)—

Origin—

Destination—

OwnersChina National Offshore Oil Corporation (CNOOC) {China (Mainland)}, Harbour Energy plc {United Kingdom}, Pampa Energia {Argentina}, Golar LNG {Bermuda}, YPF {Argentina}, BP {United Kingdom}

Buyers—

Status Notes

June 2026 - The terminal is expected to begin operation in 2028; August 2025 - Golar LNG has reached a final investment decision for the project; July 2025 - Golar has agreed to lease the MKII FLNG to Southern Energy S.A.; Pan American Energy is owned by BP and BC Energy Investments with each holding 50% stake, further BC Energy Investments is 50% owned by China National Offshore Oil Corporation (CNOOC) and 50% owned by Bulgheroni Family

Last reviewed: 03 Jul 2026