Asset Report
Southern Energy LNG Phase 2
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Southern Energy LNG Phase 2 is the second phase of Southern Energy S.A.’s (SESA’s) under-construction floating LNG terminal in the Gulf of San Matias in Rio Negro, Argentina. The phase will deploy Golar LNG’s (Golar’s) 3.5 mmtpa MK II FLNG unit from late 2028 under a 20-year charter agreement. The unit will operate alongside Southern Energy LNG Phase 1 – which will deploy Golar’s 2.45 mmtpa Hilli FLNG unit from 2027 under a similar charter agreement.
Table of contents
- Summary
- Key Issues
-
Map
- Economic Assumptions
- LNG Plant Economics
Tables and charts
This report includes the following images and tables:
-
Commercial structure of Southern Energy LNG Phase 2
-
Modelled LNG Output of Southern Energy LNG Phase 2Ownership in SESA and upstream fieldsUpstream breakevens and pro-rata share for SESA feedgas
What's included
This report contains:
Other reports you may be interested in
Asset Report
Southern Energy LNG Phase 1
The Golar Hilli FLNG unit will be deployed offshore Rio Negro, Argentina, from 2027 as part of the two unit Southern Energy LNG project
$2,700
Asset Report
bpTT Assets (LNG)
This analysis covers all assets operated by BpTT, a joint venture comprising BP (70%) and Repsol (30%). The operations are the most ...
$3,720
Insight
Q1 2026 North America LNG Projects Update
Venture Global took FID on Phase 2 of its CP2 LNG project becoming the first North American FID in 2026.
$1,050
