Finance
Italy's Eni signs MoU with Argentina's YPF on LNG project
Published by Global Banking & Finance Review®
Posted on April 14, 2025
1 min readLast updated: January 24, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on April 14, 2025
1 min readLast updated: January 24, 2026
Eni and YPF have signed a MoU for an LNG project in Argentina, aiming to export up to 30 million tons annually from the Vaca Muerta gas field.
(Reuters) - Italian energy group Eni said on Monday it signed a memorandum of understanding (MoU) with Argentine state-run oil producer YPF on its possible participation in an liquefied natural gas (LNG) project in Argentina.
The Argentina LNG project aims to develop the onshore "Vaca Muerta" gas field and supply international markets by exporting up to 30 million tons per year (Mtpa) of LNG by the end of the decade, Eni said in a statement.
The MoU signed by the two companies concerns the development of upstream, transportation and liquefaction facilities for gas using two floating LNG units of 6 Mtpa each, for a total of 12 Mtpa.
(Reporting by Laura Contemori, editing by Alvise Armellini)
The main topic is the MoU between Eni and YPF for a liquefied natural gas project in Argentina.
The project involves developing the Vaca Muerta gas field and exporting LNG using two floating units.
The project aims to export up to 30 million tons of LNG per year by the end of the decade.
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