Italian power group Eni and Argentina’s YPF on Friday signed an settlement on the Argentina LNG (ARGLNG) challenge throughout a gathering in Rome between Italian Prime Minister Giorgia Meloni and Argentine President Javier Milei.
Eni will act as a strategic associate of YPF on the Argentina LNG challenge and make use of the know-how it has developed in its floating LNG tasks in Congo and Mozambique, the Italian group mentioned in an announcement.
The Argentina LNG challenge is designed to develop the sources of the onshore Vaca Muerta discipline and serve worldwide markets. The challenge will export as much as 30 million tons per 12 months of liquefied pure gasoline (LNG) by 2030, utilizing a phased method.
(Reuters/Reporting by Francesca Landini, modifying by Gianluca Semeraro)
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