Germany’s Securing Energy for Europe (SEFE) has finalized a multi-year liquefied natural gas (LNG) supply agreement with Argentina’s Southern Energy (SESA) against the backdrop of rising energy security concerns that are looming over Europe and the globe in the wake of the U.S.-Israel military operation against Iran, which decided to close the Strait of Hormuz.

Europe Southern Energy SESA Securing Energy German Strait of Hormuz Rendering of Argentina Heads of Agreement Purchase Agreement South America Rodolfo Freyre Hilli Episeyo Venture Global State Oil Company Republic of Azerbaijan