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YPF-Led Group Submits $51B LNG Export Plan in Argentina

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Argentina LNG, backed by YPF, Eni, and XRG, submitted an application to join Argentina's RIGI investment program. The project aims to develop a large-scale liquefied natural gas export project for the Vaca Muerta formation.

The proposed project is valued at $51 billion and has been in development for some time. This move by Argentina LNG could potentially boost Argentina's energy production and exports.

YPF, which is the state oil company of Argentina, holds a significant stake in the project along with Eni and XRG.

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