Argentina's state-controlled energy company YPF is close to signing several LNG sales agreements for its planned Argentina LNG project as it races toward a final investment decision later this year.
YPF CEO Horacio Marín said at the Gastech conference in Bangkok that the company expects to sign two or three LNG contracts covering between 0.5 million and 1.5 million tonnes per year each. YPF aims to have the agreements secured before partners make a final investment decision in November.
The $24-billion Argentina LNG development, backed by YPF, Italy's Eni and Abu Dhabi's XRG, is designed to turn the vast Vaca Muerta shale formation into a major source of LNG for international markets.
The initial development will feature two floating LNG facilities with combined capacity of 12 million tonnes per year, with potential expansion to 18 million tonnes. A dedicated 527-kilometer pipeline will transport gas from Vaca Muerta to the Atlantic coast in Río Negro province. YPF says the development will also include gas treatment and liquids infrastructure.
Eni and XRG each hold approximately 32% interests in the upstream blocks feeding the development, with YPF holding 36%.

#development #year #tonnes #muerta

Stanley Druckenmiller has been active south of the U.S. border lately.
The billionaire investment manager's Duquesne Family Office bought $128 million of YPF SA (NYSE: YPF), Argentina's state-controlled oil producer, in the first quarter, pairing it with a purchase of BBB Foods (NYSE: TBBB), a Mexican discount grocer, and a new stake in the Global X MSCI Argentina ETF (NYSEMKT: ARGT), an exchange-traded fund (ETF) holding a basket of Argentine equities.
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While all three of those names are up substantially over the past 12 months, Argentine equities suffered a sharp sell-off in September 2025 after President Javier Milei's party lost a key provincial vote, and the benchmark Merval index dipped again in early 2026, just before Druckenmiller loaded up.
So what is the famous macro investor banking on by buying these stocks?

#NVIDIA #first

Argentina LNG, the liquefied natural gas project backed by YPF, Eni and Abu Dhabi-based XRG, has applied for inclusion in Argentina's Large Investment Incentive Regime, or RIGI, as the partners work toward a final investment decision by the end of 2026.
The proposed integrated development would connect natural gas production from Argentina's Vaca Muerta shale formation with processing, transportation and LNG export infrastructure. The project calls for two floating LNG vessels offshore Río Negro province with combined liquefaction capacity of 12 million tonnes per year.
YPF said in a separate project announcement that total spending over the life of Argentina LNG could reach $51 billion, making it the largest project submitted under the RIGI framework to date. The company expects the two floating LNG units to begin operations around 2031.
RIGI was established to encourage large-scale investments in Argentina by providing qualifying projects with long-term fiscal, customs and foreign-exchange benefits and greater regulatory stability. For Argentina LNG, securing those terms would help underpin the financing of a capital-intensive project intended largely for export markets.
The application follows several steps by the partners to deepen their involvement in the project. YPF, Eni and XRG signed a binding joint development agreement in February to advance engineering, commercial and financing work for the 12-million-tonne-per-year development.

#project #rigi #export

Italian energy major Eni has signed an agreement to acquire a 32% stake in three unconventional gas blocks in Argentina's Vaca Muerta shale formation, strengthening its position in the country's flagship LNG export ambitions.
The sale and purchase agreement covers the Meseta Buena Esperanza, Aguada Villanueva, and Las Tacanas blocks. The transaction remains subject to regulatory approvals. Once completed, ownership of the ****** ets will be split between YPF (36%), Eni (32%), and XRG (32%).
The upstream ****** ets will supply gas to the Argentina LNG project, an integrated upstream and midstream development designed to monetize Vaca Muerta's vast shale gas resources. The project is expected to support 12 million metric tons per year (mtpa) of LNG export capacity through two floating LNG (FLNG) units, each capable of producing 6 mtpa.
Eni said the investment aligns with its strategy of building integrated gas value chains that combine upstream production with LNG exports and marketing. The company has increasingly focused on FLNG developments globally as demand for flexible LNG supply continues to grow.
"Our entry into Vaca Muerta... strengthens Eni's ability to develop world-scale gas resources and convert them into competitive LNG for international markets," said Guido Brusco, Eni's Chief Operating Officer for Global Natural Resources.

US appeals court voids $16.1 billion judgment against Argentina over YPF seizure

NEW YORK, March 27 (Reuters) - A U.S. appeals court on Friday struck down ‌a $16.1 billion judgment against Argentina for ‌seizing control of state-owned oil company YPF in 2012, a victory for Argentine President Javier Milei as he tries to stabilize the country's long-strained economy.
The decision was issued by the ‌2nd U.S. Circuit ⁠Court of Appeals in Manhattan.
Argentina had been seeking to overturn the $16.1 billion ⁠award in September 2023 by a lower court judge to former YPF shareholders Petersen Ener

Southern Energy FLNG Project in Argentina gets greenlight from Harbour Energy, YPF, Golar LNG https://business-news-toda... #HarbourEnergy #YPF #ArgentinaLNG #SouthernEnergy #FLNG #EnergyInvestment #Argentina

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