Argentina's YPF to Import World's Largest LNG Carriers, Boosting Vaca Muerta Gas Exports

Argentina's YPF to Import World's Largest LNG Ships for Vaca Muerta Gas Exports Argentina's state-owned oil company, YPF, is set to significantly expand its natural gas exports, thanks to a major investment in new LNG infrastructure. YPF CEO Horacio Marín announced plans to bring in two of the world's largest LNG carriers, each capable of transporting 6 million tons of liquefied natural gas. This move is a key part of the government's strategy to capitalize on the abundant gas reserves in the Vaca Muerta shale formation. "We're bringing in the two largest LNG ships currently under construction," Marín stated in a recent interview. "This is a crucial step in our export strategy and will significantly increase our capacity to supply international markets." The initiative involves a substantial investment agreement with the Italian energy giant ENI, covering the export of 50 million cubic meters of gas. A third, unnamed, major global player is also expected to join the project. Marín anticipates that the final agreement will be signed before the year's end. This expansion of Argentina's LNG export capabilities represents a significant boost to the country's economy and its role in the global energy market. The investment underscores the growing importance of Vaca Muerta as a major source of natural gas and highlights Argentina's potential as a key energy exporter.