Vaca Muerta

Argentina’s YPF Aiming to Become ‘Global LNG Player,’ Says New CEO

Argentina’s YPF Aiming to Become ‘Global LNG Player,’ Says New CEO

Argentina’s 51% state-owned oil and gas company YPF SA is aiming to sanction a large-scale LNG export project by mid-2025, with the first 1-2 million metric tons/year (mmty) of liquefaction capacity online by 2027, the firm’s new management said.  “Our goal is to become a global LNG player through the massive monetization of our shale…

March 11, 2024
Argentina Sees Path Toward LNG Exports With Vaca Muerta Pipeline Online

Argentina Sees Path Toward LNG Exports With Vaca Muerta Pipeline Online

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 million cubic meters/day (MMcm). The line stretches from the town of Tratayén…

July 25, 2023
With Key Vaca Muerta Natural Gas Pipeline Online, Argentina Eyes LNG Exports

With Key Vaca Muerta Natural Gas Pipeline Online, Argentina Eyes LNG Exports

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…

July 17, 2023
Argentina’s YPF Still Upping Oil, Gas Production Despite Tricky Macro Environment

Argentina’s YPF Still Upping Oil, Gas Production Despite Tricky Macro Environment

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…

May 16, 2023
Is Argentina Poised to Become a Regional, Even Global, Natural Gas Energy Hub?

Is Argentina Poised to Become a Regional, Even Global, Natural Gas Energy Hub?

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…

April 25, 2023
Amid Global Energy Crunch, Argentina Looking to Export Natural Gas to World Markets

Amid Global Energy Crunch, Argentina Looking to Export Natural Gas to World Markets

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…

March 13, 2023
Argentina’s Vaca Muerta Natural Gas Pipeline Scores Financing

Argentina’s Vaca Muerta Natural Gas Pipeline Scores Financing

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…

December 20, 2022
Argentina Scores Financing for Second Phase of Key Natural Gas Pipeline System

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…

December 13, 2022
Argentina’s YPF Targeting 2023 FID on Integrated LNG Export Project

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…

December 5, 2022
Argentina’s YPF Sees LNG Exports, Pipeline Expansions Easing Vaca Muerta Takeaway Constraints

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…

December 2, 2022
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