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.

 

[oil rush]

Great news for Argentina. Shell is going to close a 20 year deal with YPF. Big $$$$

YPF to close 20-year deal with Shell for Vaca Muerta gas - Buenos Aires Herald

It is believed Shell will buy around a third of the field’s gas, valued at around US$7 billion per year

buenosairesherald.com

 

[Todd]

Great news for Argentina. Shell is going to close a 20 year deal with YPF. Big $$$$

YPF to close 20-year deal with Shell for Vaca Muerta gas - Buenos Aires Herald

It is believed Shell will buy around a third of the field’s gas, valued at around US$7 billion per year

buenosairesherald.com

This would be great. I thought Shell had pulled out of Argentina or was planning on it last year. Maybe since Milei won things have shifted. I heard they used to have a big presence in Argentina.

 

[Wally]

Great news for Argentina. Shell is going to close a 20 year deal with YPF. Big $$$$

YPF to close 20-year deal with Shell for Vaca Muerta gas - Buenos Aires Herald

It is believed Shell will buy around a third of the field’s gas, valued at around US$7 billion per year

buenosairesherald.com

This would be HUGE. That is a lot of cash. I wonder what this may mean if anything for the Vulture funds that are owed $$$.