YPF Seals Strategic Pact with ADNOC Arm XRG to Boost Argentina’s LNG Ambitions
YPF has formalized a partnership with global energy powerhouse XRG, a subsidiary of the Abu Dhabi National Oil Company (ADNOC), to advance Argentina’s LNG (liquefied natural gas) export project, in a landmark agreement signed in Abu Dhabi during the 2025 ADIPEC energy conference.
The deal marks a decisive step in the realization of the ambitious Argentina LNG platform, a venture that will integrate Floating Liquefied Natural Gas (FLNG) technology with vast shale gas resources from Vaca Muerta — one of the largest unconventional formations globally. The agreement follows an initial memorandum involving YPF, Italy’s ENI, and XRG, and opens the door for the Arab partner to acquire a formal stake in the project.
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