Vaca Muerta

Argentina’s natural gas pipeline offering additional takeaway capacity from the Vaca Muerta shale formation went into service earlier this month. The Gasoducto Presidente Néstor Kirchner pipeline was built in 10 months, “record time,” the Energy Secretariat said. Capacity on the pipeline is 25 Mm3/d. The line stretches from the town of Tratayén in Neuquén province…

Executives at Argentina’s state oil and gas firm YPF SA in an earnings call acknowledged the difficult economic environment in the country but said upstream plans remained unchanged. Hydrocarbon production hit 511,000 boe/d in the first quarter of 2023, up 1% year/year. Shale oil and natural gas led the way, mainly from the Vaca Muerta…

Argentina’s natural gas segment has been transformed by the Vaca Muerta shale formation and the country might well again become a net energy exporter. The country is undergoing a massive natural gas infrastructure buildout in an attempt to make that the case. Vaca Muerta is the second largest shale gas resource on the planet, with…

Not since the 1990s has Argentina’s natural gas segment seen so much infrastructure buildout. And it doesn’t look like it’s over yet. Argentine officials met with executives from energy companies last week to work out future infrastructure works with an eye to growing natural gas and oil production out of the prolific Vaca Muerta Shale…

Argentina has secured financing for the second leg of the Nestór Kirchner natural gas pipeline system, energy secretary Flavia Royon said last 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 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 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 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 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…