Argentina LNG Project Would Require $20 Billion Investment: Eni

An LNG venture that Eni is exploring in Argentina with state-run YPF would require an investment of ~$20 billion to come to fruition, Guido Brusco, Eni’s COO of global natural resources, said on an earnings call.

• That cost includes drilling, pipelines and liquefaction to produce 12m tons/year of LNG
• Brusco added that “the project of course is in a very early stage”
  • “We think that the combination of the expertise of YPF on the upstream of Vaca Muerta and the expertise of Eni on the midstream-floating LNG will set this venture for success”
• NOTE: Argentina’s YPF Signs MoU With ...