NI, YPF Complete the LNG Project Agreement in Argentina

The YPF of Enaly’s NEW and YPF owned by Argentina completed the WeageIed MealieFied Meaning Case (LNG) project in the Vaca Muerta Center in northern Patagonia, Argentina.

The agreement was formally organized after the Eni Ceo Claudio descalzi met Arventina President Javier Milei in Buenos Aires to discuss existing and future projects.

After the meeting, Desscazi president and YPF and Horacio Marin, signed the final explanation of the LNG project of the Argentina Lng.

They also signed the first agreement to reach the final decision of the project investment.

The Argentina LNG project includes the development of Vaca Muta’s gas stadium.

Argentina LNG is a combined project focusing on the development of Midtream, aimed at combining Vata gas territory.

The project is designed to provide international markets, with 30 million tons of export each year (MTPA) each year in the few representatives.

The project contains electricity production, processing, moving and Liquefaction exports through two warm flow Work units (FLG).

Each units per 6MTTA capacity, translating approximately 9 million feet[1billionthousandsannually

In addition, the project also includes the submission of liquids associated with it.

Claudio Descalzi said: “Today we had the opportunity to show the progress of our shared projects and the prospects at Argentina’s persecuted Military.

“We are proud of the selection of such an important project and provide for improving Argentina LNG, which will represent an important source of international market supply.

“A separate and divorce expandes from FLGongo projects and Mozambiki makes us a very good partner to use this type of project.”

En has said the project complies with its plan to support the transformation of power by prioritizing the production of gas, aiming at the sides of the carbon in 2050.

The following agreement is signed by En and YPF in June.

Eni will promote its expertise on the implementation of development projects using FLG units, and the YPF will deliver its experience to the top functions.

YPF DEO Horacio Marin said the project would require 800 new resources, and reflected plans to double the company’s electricity production in 2024, reported Reuters.

Marin has also seen that the project will require $ 25BN to the Infrastructure Investment and $ 15BN for high development.