US EditionArgentina, Eni Ink Deal for Vaca Muerta Gas Export
- On June 6, 2025, Argentina's YPF and Italy's Eni signed a strategic agreement in Rome to build a liquefaction facility for exporting natural gas from Vaca Muerta.
- This agreement builds on the preliminary understanding reached in April 2025 and follows YPF's earlier project development deal with Shell from December 2024 to further progress the Argentina LNG initiative.
- The project encompasses facilities for gas production, processing, transport, and liquefaction using floating units, initially designed to produce 12 million tonnes of LNG annually, with plans to expand output to 30 million tonnes per year by 2030 to meet global demand.
- On April 14, 2025, YPF CEO Horacio Marin highlighted strong global demand coming from major producers as well as nations interested in acquiring gas supplies from Vaca Muerta.
- The agreement marks a major step toward final investment decisions and exemplifies strengthened cooperation that could help attract foreign investment despite Argentina's challenging economic conditions.
14 Articles
14 Articles
YPF and Eni signed a key agreement to advance in Argentina LNG, a strategic project that seeks to export up to 30 million tons of LNG annually. Argentine company YPF and Italian energy Eni signed an agreement to advance the development of the Argentina LNG project (ARGLNG), during the meeting between President Javier Milei and Italian Prime Minister Giorgia Meloni. This agreement sets out the steps necessary to reach the final investment decisio…
The Argentine government began a plan with which it intends to be "the fifth world exporter of liquefied natural gas" from 2031. In dialogue with Sputnik, the Argentine expert on energy issues, Eduardo Gigante, warned that the country is still far away in infrastructure and pointed out the competition it can have in countries like Qatar or Russia.
During a breakfast with investors organized by Proficio Investment, YPF executives detailed the axes of the ambitious growth plan of the national oil company.
In 2024, Algeria imposed itself as one of the main African partners of the Italian oil group Eni, with a total amount of $1.2 billion paid by the latter in the course of its extractive activities on the national territory. A sum that can easily be described as colossal. Eni's latest annual report, included in an article by the agency Ecofin, and in line with the European Transparency Directive, shows a clear trend: 61% of the group's overall pay…
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