NewsMacro & flows
YPF to Select Pipe Supplier for Landmark Gas Pipeline
In November, YPF will confirm the manufacturer of the pipes for the gas pipeline that will connect Vaca Muerta to the coast of Río Negro—a procurement deal valued at approximately US$2 billion. The project is a cornerstone of "Argentina LNG," a massive liquefied natural gas export initiative that could require an initial investment of US$29 billion, with a final investment decision expected on November 26.
A tender of this scale, combined with the progress of the LNG project, serves as a tangible indicator of foreign investment in Argentina’s energy sector. This development could boost the stock performance of companies linked to Vaca Muerta and strengthen expectations regarding the inflow of foreign currency into the country.
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