YPF, Eni, and XRG, the foundational project partners, have signed a binding Joint Development Agreement (JDA) to advance Argentina LNG. This large-scale integrated gas and liquefaction project aims to unlock Argentina’s Vaca Muerta shale basin and position the country as a long-term global LNG supplier.
Argentina LNG is set to deliver 12 million tonnes per annum (mtpa) of LNG capacity through two floating LNG facilities with a capacity of 6 mtpa each. The project encompasses the entire value chain, including production, processing, transportation, and LNG export infrastructure.
The signing of the JDA represents a significant step for the initiative. It establishes a framework for the partners to progress through the next stage of development, commencing Front-End Engineering Design (FEED) and related activities. These include engineering, technical structuring, as well as crucial commercial and financing workstreams.
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