Argentina's state-controlled energy firm YPF and Malaysia's Petronas expect to make a final decision next year on whether to invest in the first phase of a massive $60 billion natural gas project in Argentina, the head of YPF said on Wednesday.
Separately, YPF also expects to make a final investment decision this year for an oil midstream project integrating a pipeline from the Vaca Muerta region along with a terminal and a monobuoy for servicing supertankers for exports, Iuliano said. If the decision is yes, then construction could begin between late 2023 and early 2024.
The gasline's first phase is set to complete construction in June, while a tender for the second phase is expected in the second quarter as the government engages in talks with funds from Saudi Arabia and China to secure bank financing, Argentina's energy secretary Flavia Royon said in Houston.
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