Argentina energy sector: Major infrastructure and exploration developments

Vaca Muerta YPF Argentina LNG energy infrastructure hydrocarbons

Argentina is advancing significant energy infrastructure and exploration projects. YPF President Horacio Marín announced that the tender for the Argentina LNG pipeline project, estimated at US$ 2 billion, will occur within two weeks. This project includes 48-inch gas pipelines and a 24-inch multipipeline, marking a historic scale for the country's energy sector. The final investment decision is expected to be signed on November 26.

In the Vaca Muerta formation, GeoPark has expanded its presence by acquiring the Corralera Noreste block in Neuquén for US$ 60.5 million. Additionally, a massive US$ 12 billion project in the Bajo del Choique-La Invernada area, involving GyP and Pluspetrol, has been approved under the Large Investment Incentive Regime (RIGI). This project aims to drill over 600 wells to reach peak production capacities.

In Santa Cruz, Governor Claudio Vidal signed a contract with Alianza Petrolera Argentina S.A. to develop the Sur Río Deseado Este area using Canadian multilateral horizontal drilling technology. Meanwhile, the provincial government completed port infrastructure improvements at Caleta Paula, a project valued at over 850 million pesos to enhance maritime operations.

Entities

Alianza Petrolera Argentina S.A. · Argentina Oil & Gas Patagonia · Austral Basin · Claudio Vidal · Gabriela Castillo · Gas y Petróleo Neuquén · GeoPark · Horacio Marín · Pluspetrol · Santa Cruz · Tierra del Fuego · Vaca Muerta

Claims

What the coverage asserts, and how many sources carry each claim.

[○ 1 SOURCE] The Caleta Paula port defense works cost over 850 million pesos. vocesyapuntes.com
[○ 1 SOURCE] A GyP and Pluspetrol project in Vaca Muerta is valued at US$ 12 billion. www.abegas.org.br
[○ 1 SOURCE] GeoPark acquired the Corralera Noreste block in Vaca Muerta for US$ 60.5 million. petroleoenergia.com
[○ 1 SOURCE] The Argentina LNG pipe tender is estimated at US$ 2 billion. www.cutralcoalinstante.com
[● 2 SOURCES] The Sur Río Deseado Este project will use Canadian multilateral horizontal drilling technology. periodicolasheras.com.ar · www.tiemposur.com.ar
[○ 1 SOURCE] YPF will hold a tender for Argentina LNG pipeline pipes within two weeks. www.cutralcoalinstante.com