EXMAR’s FLNG, a floating liquefaction unit with a production capacity of approximately 0.5 million tons per annum of Liquefied Natural Gas was employed in Argentina for YPF. EXMAR and YPF reached a settlement agreement. over the dispute under the TANGO FLNG Agreements. A settlement amount of USD 150 million will be paid by YPF to EXMAR in consideration of the early termination of the agreements and withdrawing the arbitration proceedings.