IMF Chief Visits Milei as Argentina’s US$57-Billion Bill Comes Due
YPF says the $160 million pilot is designed to supply gas for Argentina LNG as it seeks approval for 12 horizontal wells.
- On Monday, IMF Managing Director Kristalina Georgieva arrived in Buenos Aires to assess President Javier Milei's economic revival, marking her first visit as head of the fund.
- After 23 programs in nearly 70 years, Argentina's relationship with the International Monetary Fund has been historically strained, with citizens viewing the institution as a scapegoat for national crises.
- Economic indicators show marked improvement, with inflation now at 34 percent and the Central Bank rebuilding cash reserves; Georgieva sees no need for additional financing before the 2027 elections.
- State-Controlled YPF is pursuing a US$160 million pilot to drill 12 horizontal wells in the Vaca Muerta shale formation, with each well featuring 2,000-metre lateral branches and 33 fracture stages.
- YPF's separate US$25 billion development project under the Large Investment Incentive Regime targets near 240,000 barrels daily by 2032, with companies seeking international financing for a year-end Final Investment Decision.
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33 Articles
The managing director of the IMF traveled for two hours Loma Campana along with Luis Caputo and Horacio Marín; oil is key to external accounts
During her brief visit to the Neucan field of Loma Campana, the holder of the multilateral credit agency met one of Argentina's fastest growing sectors and one of the main sources of foreign exchange.
YPF Vaca Muerta Seeks Permit for 12-Well US$160M Pilot
Argentina's state-controlled energy company YPF is advancing a pilot plan to drill 12 horizontal wells in the Vaca Muerta shale formation's Meseta Buena Esperanza block. The US$160 million project, announced in late July 2026, is designed to supply natural gas to the Argentina LNG megaproject. The post YPF Vaca Muerta Seeks Permit for 12-Well US$160M Pilot appeared first on The Rio Times.
The head of the International Monetary Fund (IMF) will visit the Loma Campana site where YPF President Horacio Marín will welcome her. The challenges for this new stage of the program
The renowned dancer told that she had a talk with the managing director of the IMF and talked about the reality of the country. She assured her that she raised the need to improve wages.
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