XRG and Innie sign with Argentine YBF

XRG and Eni have signed purchase and sale agreements with the Argentine company WYPF to acquire a 32% stake each in three exploration and development areas within the Argentina LNG project, which has an annual production capacity of 12 million tons. This investment aims to support XRG’s strategy of building a global LNG platform and to strengthen its presence in the Vaca Muerta basin, one of the largest unconventional gas reserves in the world, with a final investment decision expected in 2027.

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