Argentine State Energy Company YPF Approves Thirty-Billion-Dollar Liquefied Natural Gas Export Terminal
Capitalizing on new national investment incentives, Argentine state energy firm YPF and an international consortium will construct a massive liquefied natural gas terminal on the coast of the Rio Negro province. The thirty-billion-dollar infrastructure project will allow Argentina to export shale gas from the Vaca Muerta basin directly to European and Asian markets by the end of the decade.