Eni, YPF, XRG Advance Argentina LNG Project
- The project will deliver 12 mtpa of LNG via two floating facilities.
- Front-End Engineering Design (FEED) will commence under the agreement.
- Final Investment Decision is targeted for the second half of 2026.
Project Overview
Eni, YPF, and XRG have signed a Joint Development Agreement to advance the Argentina LNG project. This initiative aims to unlock the Vaca Muerta shale basin, positioning Argentina as a significant global LNG supplier.
Capacity and Infrastructure
The project is set to deliver 12 million tons per annum (mtpa) of LNG capacity through two floating LNG facilities, each with a capacity of 6 mtpa. It encompasses production, processing, transportation, and export infrastructure.
Development Milestones
The agreement marks a key milestone, enabling the commencement of Front-End Engineering Design (FEED) and related activities. These include engineering, technical structuring, and key commercial and financing workstreams.
Timeline
The partners aim to reach a Final Investment Decision by the second half of 2026, progressing the project towards its next development phase.
Source: Eni