‘Argentina LNG’ – YPF Confirms Massive US$51-Billion RIGI Production Plan
32 Articles
32 Articles
Argentina's largest investment project aims to export Vaca Muerta gas
Argentina's majority state-owned oil company YPF confirmed on Thursday that it has filed an application for the Argentina LNG project to join the Large Investment Incentive Regime (RIGI). The venture, developed alongside Italy's Eni and the Emirati company XRG, contemplates an estimated outlay of 51 billion dollars over its full life, the largest figure submitted so far under the scheme.
Argentina LNG presented it for the development of its integrated plan of production and export of liquefied natural gas; it would generate US$10,000 of annual exports
The oil company and its partners presented a $51 billion project to RIGI. It foresees two liquefaction vessels, exports of $10 billion annually and up to 40,000 jobs.
The state oil company and its partners, the Italian Eni and the Emirati ADNOC, will today formalize the adherence to the incentive regime of the largest liquefied gas export project in Argentine history
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