US EditionYpf Will Seek Funding for Usd 12.5 Billion via Jp Morgan for Its Lng Project
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The company negotiates the income of a new partner to replace Shell and aims to reach 18 million tons. By 2026, the investment will jump to USD 6 billion despite the decline in crude oil. Read more
Since the week of Monday, December 22, the international bank JPMorgan (JPM) will begin the process of structuring a loan for the project finance of the Liquefied Natural Gas (LNG) project led by the Argentine oil company YPF and the Italian company ENI. The project finance refers to the financing of large infrastructure or energy projects whose initial investment is especially expensive and their period of income-raising very long.This loan cou…
In the search for partners for its LNG project, YPF and the Italian ENI already added XRG, the international energy investment arm of ADNOC (Abu Dhabi’s National Petroleum Company). Shell was also going to be part of that project, as signed a year ago. But the Anglo-Dutch times do not coincide with those of Horacio Marín, the holder of YPF. That’s why he is in talks with another company to replace Shell. Moreover, the stakeholders were today (Tu…
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