{"id":93105,"date":"2026-02-16T00:00:00","date_gmt":"2026-02-16T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2026\/02\/16\/adnocs-xrg-inks-jda-for-argentinas-lng\/"},"modified":"2026-02-16T00:00:00","modified_gmt":"2026-02-16T00:00:00","slug":"adnocs-xrg-inks-jda-for-argentinas-lng","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2026\/02\/16\/adnocs-xrg-inks-jda-for-argentinas-lng\/","title":{"rendered":"Adnoc\u2019s XRG inks JDA for Argentina\u2019s LNG"},"content":{"rendered":"<p class=\"tag-border-left\">Adnoc\u2019s XRG inks JDA for Argentina\u2019s LNG <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> <\/strong><strong>Adnoc\u2019s<\/strong><strong> International investment arm XRG, Argentina\u2019s YPF, and Italy\u2019s E<\/strong><strong>ni will start <\/strong><strong>front-end engineering design and related work for an Argentina LNG project <\/strong>under a joint development agreement, according to a <a target=\"_blank\" href=\"https:\/\/www.eni.com\/en-IT\/media\/press-release\/2026\/02\/pr-eni-ypf-xrg-sign-joint-development-agreement-argentina-lng.html\" style=\"\" rel=\"noopener\">statement<\/a> from Eni. The move steps up the non-binding agreement inked back in <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/05\/this-morning-xrg-to-join-lng-project-in-argentina-dewa-invites-bids-for-seventh-phase-of-mohammed-bin-rashid-solar-park\/\" style=\"\" rel=\"noopener\">November<\/a> to explore joining the venture. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The total financing needed for the project is pegged at USD 12.5 bn<\/strong>, according to <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/ypf-eni-sign-agreement-with-adnocs-xrg-develop-argentina-lng-project-2025-11-04\/\" style=\"\" rel=\"noopener\">Reuters<\/a> \u2019 earlier reporting. The next milestone is lining up offtake and financing, clearing the path for a final investment decision. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The plan:<\/strong> The project is set to export gas from the Vaca Muerta formation, the world\u2019s second-largest unconventional natural gas reserve, through a pipeline, and will involve the installation of liquefaction units. The initial phase of the project is expected to deliver 12 mn tons per annum (mtpa) of LNG production capacity through two 6 mtpa FLNG vessels.<\/p>\n<p class=\"tag-border-left\">Safran is pacing A320 supply by landing gear line in Morocco<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>French<\/strong><strong> aerospace group Safran is doubling down on Morocco as a nearshore <\/strong><strong>aviation manufacturing hub<\/strong> \u2014 <a target=\"_blank\" href=\"https:\/\/www.thenationalnews.com\/business\/aviation\/2026\/02\/14\/frances-safran-to-open-332m-aircraft-landing-gear-plant-in-morocco\/\" style=\"\" rel=\"noopener\">earmarking<\/a> EUR 280 mn for a new landing gear plant in Morocco that will feed the Airbus A320-family supply chain. Production at the plant is slated to commence in 2029.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Is Morocco turning into Airbus\u2019s back office?<\/strong> Safran is <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/logistics\/2025\/10\/15\/frances-safran-plugs-some-eur-320-mn-in-moroccos-aviation-projects\/\" style=\"\" rel=\"noopener\">planning<\/a> a Casablanca assembly line for Leap-1A engines dedicated to Airbus jets, with an investment of EUR 200 mn. The 13k sqm facility will accommodate a scheduled ramp-up in Safran\u2019s production, with capacity to handle 350 engines annually. It is also expected to launch by the end of 2027.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Casablanca cares for the A320 engines, too:<\/strong> The French aviation firm has <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/logistics\/2025\/10\/15\/frances-safran-plugs-some-eur-320-mn-in-moroccos-aviation-projects\/\" style=\"\" rel=\"noopener\">inaugurated a<\/a><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/logistics\/2025\/10\/15\/frances-safran-plugs-some-eur-320-mn-in-moroccos-aviation-projects\/\" style=\"\" rel=\"noopener\">Leap engine MRO facility<\/a> in the Casablanca airport zone \u2014 pouring about EUR 120 mn in a 25k sqm facility designed to handle 150 engines per year. The CFM engine powers both the Airbus A320neo and the Boeing 737 Max. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Hapag-Lloyd lands a terminal in Egypt\u2019s Damietta port <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Shipping giant Hapag-Lloyd <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.hapag-lloyd.com\/en\/company\/press\/releases\/2026\/02\/new-damietta-alliance-container-terminals--dact--launches-commer.html\" style=\"\" rel=\"noopener\">launched<\/a><\/strong><strong> its <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/01\/superstructure-work-will-commence-at-damiettas-tahya-misr-1-container-terminal\/\" style=\"\" rel=\"noopener\">new Damietta Alliance Container<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/01\/superstructure-work-will-commence-at-damiettas-tahya-misr-1-container-terminal\/\" style=\"\" rel=\"noopener\">Terminals<\/a><\/strong> <strong> in Egypt on Saturday<\/strong>, marked by the inaugural port call of the 13k TEU vessel Essen Express. The new 93-hectare terminal \u2014 a joint venture between Hapag-Lloyd, Eurogate, and Contship Italia \u2014 will serve as a high-tech transshipment hub in the Eastern Mediterranean. The terminal is expected to reach full operations by late 2026.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More than just a terminal: <\/strong>The facility is a pillar of Gemini Cooperation\u2019s regional strategy, which is set to shift logistics weight toward Damietta as a primary transit point for the Levant and the Black Sea. With 80% of its 3.3 mn TEU capacity dedicated to transshipment, the terminal aims to provide high-frequency connections for global trade lanes while using hybrid and electric equipment to meet new environmental standards. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>(** <\/strong><strong>Tap<\/strong><strong> or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PLUS: Other aviation and shipping updates from Morocco and Egypt<\/p>\n","protected":false},"author":1,"featured_media":93106,"comment_status":"","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[63],"tags":[264,62,49,17,39,150,142,123,981,356,32],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-93105","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-airbus","tag-also-on-our-radar","tag-egypt","tag-enterprise-logistics","tag-jordan","tag-morocco","tag-oman","tag-shipping-maritime","tag-sohar","tag-syria","tag-trade","wpautop","entry"],"acf":{"mongo_id":"7f07399e-fb9c-4b89-a8a3-6bd5c8a14207","order":"9","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/6\/354.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Adnoc\u2019s XRG inks JDA for Argentina\u2019s LNG","related_issue":[93091],"teaser":"PLUS: Other aviation and shipping updates from Morocco and Egypt"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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