Bolivian gas was once the beating heart of South America’s natural gas production, with powerhouse neighbors Argentina and Brazil relying on the landlocked country’s pipeline shipments to keep the lights on. But this is seen coming to an end. Bolivian gas production will decline more rapidly than expected, falling from 1.4 Bcf/d in 2022 to…
Argentina
Articles from Argentina
Bolivia Fading as Natural Gas Exporter to South America
Bolivian gas was once the beating heart of South America’s natural gas production, with powerhouse neighbors Argentina and Brazil relying on the landlocked country’s pipeline shipments to keep the lights on. But this is seen coming to an end. Bolivian gas production will decline more rapidly than expected, falling from 1.4 Bcf/d in 2022 to…
Argentina Scores Financing for Second Phase of Key Natural Gas Pipeline System
Argentina has secured financing for the second leg of the Néstor Kirchner natural gas pipeline system, energy secretary Flavia Royon said this week during a conference in Buenos Aires. She said the state had obtained financing for $689 million from the Brazilian National Development Bank and another $540 million from Latin American development bank Corporacion…
Argentina’s YPF Targeting 2023 FID on Integrated LNG Export Project
Argentina’s YPF SA is aiming to sanction an LNG export project by the end of 2023, according to CFO Alejandro Lew. YPF and Malaysian national oil company Petronas signed a memorandum of understanding on Sept. 1 to study the potential for an integrated liquefied natural gas export project in Argentina, home of the Vaca Muerta…
Argentina’s YPF Sees LNG Exports, Pipeline Expansions Easing Vaca Muerta Takeaway Constraints
Argentina’s YPF SA is aiming to sanction an LNG export project by the end of 2023, according to CFO Alejandro Lew. Lew and CEO Pablo Iuliano hosted a call to discuss the 51% state-owned oil and gas company’s third-quarter results. YPF and Malaysian national oil company Petronas signed a memorandum of understanding on Sept. 1…
Argentina’s YPF Aiming to Sanction LNG Export Project by End-2023
Argentina’s YPF SA is aiming to sanction an LNG export project by the end of 2023, according to CFO Alejandro Lew. Lew and CEO Pablo Iuliano hosted a call earlier this month to discuss the 51% state-owned oil and gas company’s third-quarter results. YPF and Malaysian national oil company Petronas signed a memorandum of understanding…
Vaca Muerta Natural Gas to Fuel Planned Argentina LNG Project
Argentina’s President Alberto Fernández unveiled Thursday an LNG project to export gas sourced from the prolific Vaca Muerta formation. The $10 billion project would be developed jointly by Argentine state oil firm YPF and Malaysian liquefied natural gas giant Petroliam Nasional Berhad, aka Petronas. “We have the energy that the world needs and will need…
Latin American National Oil Companies Booming, but Stymied by Politics
National oil companies (NOCs) in Latin America enjoyed record profits in the second quarter on the back of high oil and gas prices, but they remain under pressure from governments facing economic crises. The high oil and gas price environment “has come with a downside which is that in the domestic market, it is very…
Fueled By Energy Crisis ‘Opportunity,’ Argentina Set to Develop LNG Export Facility
Argentina’s President Alberto Fernández unveiled Thursday an LNG project to export gas sourced from the prolific Vaca Muerta formation. The $10 billion project would be developed jointly by Argentine state oil firm YPF and Malaysian liquefied natural gas giant Petroliam Nasional Berhad, aka Petronas. “We have the energy that the world needs and will need…
Argentina’s YPF Upping Capital Budget to $4B, Driven by Vaca Muerta Shale
Argentine national oil company YPF SA has raised its capital expenditure (capex) forecast for full-year 2022, with a focus on developing the Vaca Muerta Shale formation. New CEO Pablo Iuliano and CFO Alejandro Lew hosted a conference call to discuss the 51% state-owned company’s second-quarter results. “Better-than-expected economic performance so far in 2022 enhanced our…