Eni, YPF and XRG Forge JDA to Study LNG Expansion in Argentina
Eni, state-controlled YPF and midstream operator XRG have signed a joint development agreement to evaluate expansion of Argentina’s LNG infrastructure, focusing on feasibility studies for new liquefaction trains at the Vaca Muerta shale basin. The partners will conduct joint technical, commercial and environmental assessments to define engineering scope and cost estimates.
1. JDA Signing and Scope
Eni, YPF and XRG have formalized a joint development agreement to assess the expansion of Argentina’s liquefied natural gas infrastructure, with a primary focus on feasibility studies for additional liquefaction trains at the Vaca Muerta shale basin. The agreement encompasses joint technical, commercial and environmental evaluations to establish project specifications, timelines and preliminary capex estimates.
2. Strategic Implications
The collaboration leverages Eni’s LNG project expertise, YPF’s upstream gas resources and XRG’s midstream infrastructure capabilities to potentially boost Argentina’s LNG export profile. Study outcomes will guide investment decisions, financing strategies and project design, positioning the partners for a final investment decision once feasibility parameters are confirmed.