Argentina LNG seeks RIGI approval for $51-billion investment

SEATTLE (Oil Monster): The phased project involves infrastructure development, including wet gas production, processing plants, and pipelines, to harness Vaca Muerta's resources.

Key Highlights

• YPF applied to join Argentina’s Large Investment Incentive Regime (RIGI) to advance the $51-million Argentina LNG project.

• Argentina LNG aims to develop Argentina's Vaca Muerta natural gas resources into LNG for export.

• Two floating liquefaction units (FLNG) will operate offshore Punta Colorada.

• An integrated gas treatment plant will be built in Neuquén, with a planned start in 2030 and capacity expansion to 70 MMcmd.

• Construction is scheduled from 2027 to 2030, with final investment decisions expected by yearend 2026, and LNG units operational by 2031.

Courtesy: www.ogj.com