US EditionAdnoc's XRG, YPF and Eni to Jointly Develop Argentina LNG Project
- ADNOC's XRG, YPF, and Eni signed a framework agreement to develop a liquefied natural gas project in Argentina's Vaca Muerta shale basin, aiming for 12 million tonnes per annum capacity through floating LNG technology.
- The project aims to create a large-scale LNG facility with a capacity of 12 million tonnes per annum, utilizing floating LNG technology.
- The partnership signifies a shift in Argentina's approach to foreign investment, with the government aiming to attract international partners and stabilize the economy amid fiscal challenges.
19 Articles
19 Articles
Argentina wants to export 12 million tons of liquefied natural gas (LNG) a year from the next decade and become one of the world’s largest producers. The project, which will require an investment of close to 30 billion dollars, is led by the Argentine state oil company YPF with the participation of international partners. At the already announced landing of the Italian company Eni was joined on Tuesday by XRG, the international investment arm of…
Argentina Inks Landmark Gas Deal with Eni and ADNOC to Export Vaca Muerta’s Wealth
A bold new alliance between Argentina’s YPF, Italy’s Eni, and the United Arab Emirates’ ADNOC is set to unlock the vast potential of Vaca Muerta, the world’s second-largest shale gas reserve, transforming the South American nation into a major global energy exporter. The agreement, sealed this week in Abu Dhabi, marks a turning point not […]
The new agreement was initialled in Abu Dhabi and plans to negotiate the participation of XRG, a subsidiary of the energy group ADNOC of the United Arab Emirates, in a liquefied gas export initiative that will integrate FLNG technology and production in Vaca Muerta
Horacio Marín, president and CEO of the oil company YPF, referred to the agreement signed with the investment arm of ADNOC for the Liquefied Natural Gas (LNG) Argentina and assured that more than 50,000 new jobs will be created. Marín explained that the agreement with ADNOC, a subsidiary with a production capacity of five million barrels, is a crucial step after having technically defined the project with the energy company ENI. “We signed an ag…
YPF is moving forward with two strategic partners to develop a mega-project to export gas and oil from Vaca Muerta. To what has already been signed with ENI, now joins the ADNOC oil company.
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