Argentina Eyes $500 Million Rail Project to Boost Shale Play

Argentina is readying a tender for a $500 million train line that could help unlock the potential of Vaca Muerta, one of the world’s biggest shale plays, Transport Minister Guillermo Dietrich said in an interview.

The train would link towns in the heart of the Patagonian shale field to the Atlantic port of Bahia Blanca more than 400 miles away. Construction would be handled by a public-private partnership working with the government, and it would include both new rails and an upgrade of existing tracks.

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