YPF Unveils $50 Billion Argentina LNG Project with Eni and Adnoc
YPF is set to present the Argentina LNG project, which exceeds $50 billion in investment, aimed at producing liquefied natural gas (LNG). This initiative marks the largest commitment under the RIGI framework, targeting a production capacity of 12 to 18 million tons of LNG annually.
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YPF will present the Argentina LNG project, with an investment exceeding $50 billion, at the RIGI forum. This venture, in collaboration with Eni and Adnoc's XRG, aims for annual LNG production starting at 12 million tons, scaling up to 18 million.
Key components include the construction of a 48-inch gas pipeline and parallel duct for liquid transport, along with treatment plants and floating liquefaction units at Río Negro's coast. A final investment decision is anticipated in November, following a financing plan that seeks $15 billion from international banks.
The project is positioned to leverage Argentina's significant shale gas reserves, enhancing its role in the global LNG market. The timeline for operational start is projected between 2029 and 2031.
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