Argentina's LNG Gamble: A Test of Vaca Muerta's Promise The recent application by Argentina LNG to the Large Investment Incentive Regime (RIGI) marks a significant milestone in the country's push to convert its vast shale gas resources into liquefied natural gas exports.
The proposed $51 billion project, backed by YPF, Eni, and Abu Dhabi based XRG, aims to connect Vaca Muerta's production with processing, transportation, and LNG export infrastructure.
The sheer scale of the project is staggering.