Zacks Investment Research
YPF's $24B Argentina LNG Project Gains U.S. Financing Support
YPF, alongside Eni and ADNOC, received a $6 billion financing offer from the U.S. Export-Import Bank for the Argentina LNG project, a $24 billion infrastructure initiative to monetize Argentina's shale gas resources. The project aims to include two floating LNG units with 12 MTPA capacity and plans a final investment decision in November. YPF is targeting two to three LNG sales agreements before the decision, though the stock has declined 6% since the announcement.
