
Eni and Argentina's state-owned YPF have signed an agreement for the Argentina LNG project, following a memorandum of understanding signed on April 14.
Argentina LNG will feature two floating liquefaction (FLNG) units, with a combined capacity of up to 12 million tonnes per year.
Eni and Argentina's state-owned YPF have signed an agreement for the Argentina LNG project, following a memorandum of understanding signed on April 14.
The new agreement sets out the steps needed to reach FID on the phase of the project that includes production, treatment, transportation and liquefaction installations of gas via floating units (FLNGs), for a total capacity of 12 MMt/year of LNG.
Argentina LNG is an integrated upstream and midstream gas project designed to develop the gas from the onshore Vaca Muerta for LNG exports to international markets.