Argentina pursues LNG export dreams
Vaca Muerta production is rising sharply, but there are still hurdles to clear
Runaway inflation, a currency crisis and an assassination attempt on Vice-President Cristina Kirchner show the chaotic nature of modern Argentina. No surprises then that the government is banking heavily on the Vaca Muerta shale play to deliver much-needed revenue to state coffers. And in early September, Buenos Aires announced a joint partnership between state energy firm YPF and Malaysian NOC Petronas to fast-track an LNG export plant and pipeline. The government had previously eyed a proposed 20mn m³/d liquefaction terminal for the coastal city of Bahia Blanca, before economic troubles and the pandemic caused the project to be shelved. Much has changed since then, however. Today, record g

Also in this section
6 December 2023
The threat of a big disruption to energy trade in the Middle East appears to be receding, but the fog of war is casting doubt on projects in the region
5 December 2023
Scepticism, confusion and disdain over OPEC+’s extended and deeper supply cuts should give way to an appreciation of the new multi-speed producer alliance
5 December 2023
Low debts levels and the advantages of larger companies among the reasons for the rise in activity