Argentina to export excess Vaca Muerta gas as LNG to global markets

YPF announced today that a preliminary agreement was reached with Excelerate Energy for the charter of an LNG carrier, which will export Argentina’s excess LNG to the global natural gas market.

Both parties will be executing the final agreement in the coming days, with the objective of starting operations the first week of September.

“We continue progressing in our ambition to add value to Argentine natural gas and to export surpluses during those months of low local consumption, to fully extract the potential as producer and exporter of Argentine natural gas,” said Marcos Browne, Executive Vice President of Gas and Energy of YPF.

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