YPF in Talks With Energy Transfer to Fund Argentina Pipeline

[oil rush]

This is good news that US companies are interested in getting in bed with Argentina again. Argentina can't do it on it's own. They desperately need foreign investors/partners in the oil industry.

YPF in Talks With Energy Transfer to Fund Argentina Pipeline

Argentine crude driller YPF SA has held talks with US pipeline company Energy Transfer LP to finance a cross-country conduit that’s key to the South American nation’s ambitions of ramping up shale oil exports.

www.bnnbloomberg.ca

 

[import export]

Agreed. Argentina needs a lot of investment and help in the energy sector. Milei's administration can be trusted but the question is what happens if things go back to the other side.

 

[Finance Prof]

No doubt lots of foreign investors are necessary for a substantial turn around.