Argentina is offering small LNG cargo as first step to becoming large-scale shale exporter
Argentina is offering its first liquefied natural gas cargo produced by a floating liquefaction unit deployed at the port of Bahia Blanca as it aims to end its import requirements and become a future large-scale exporter of LNG made from the huge Vaca Muerta shale-gas resources.
Argentine energy company YPF expects shale production to grow by a third as costs fall
Argentina, the world’s second-largest holder of shale-gas resources after the US and currently an LNG importer, expects shale gas and oil production to grow 35 percent in 2018 as costs in its prolific and extensive Vaca Muerta Shale Basin continue to drop.
ExxonMobil 35-year concession clears way for investments in Argentine Vaca Muerta shale gas
ExxonMobil Corp. said it was launching a project to unlock Argentina’s shale gas in the Vaca Muerta formation of the Neuquen Basin that could lead to a staged development of about 300 horizontal wells with production of 11 million cubic metres per day.
