Finance

Eni, YPF sign agreement for participation in Argentina LNG project

Published by Global Banking & Finance Review

Posted on June 6, 2025

1 min read

· Last updated: January 23, 2026

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Eni, YPF sign agreement for participation in Argentina LNG project
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MILAN (Reuters) -Italian energy group Eni and Argentina's YPF on Friday signed an agreement on the Argentina LNG (ARGLNG) project during a meeting in Rome between Italian Prime Minister Giorgia Meloni

Eni, YPF sign agreement for participation in Argentina LNG project

MILAN (Reuters) -Italian energy group Eni and Argentina's YPF on Friday signed an agreement on the Argentina LNG (ARGLNG) project during a meeting in Rome between Italian Prime Minister Giorgia Meloni and Argentine President Javier Milei.

Eni will act as a strategic partner of YPF on the Argentina LNG project and make use of the know-how it has developed in its floating LNG projects in Congo and Mozambique, the Italian group said in a statement.

The Argentina LNG project is designed to develop the resources of the onshore Vaca Muerta field and serve international markets. The project will export up to 30 million tons per year of liquefied natural gas (LNG) by 2030, using a phased approach.

(Reporting by Francesca Landini, editing by Gianluca Semeraro)

Key Takeaways

  • Eni and YPF have partnered on the Argentina LNG project.
  • The project aims to export 30 million tons of LNG annually by 2030.
  • Eni will leverage its expertise from Congo and Mozambique projects.
  • The project focuses on the Vaca Muerta field's resources.
  • The agreement was signed in Rome with Italian and Argentine leaders.

Frequently Asked Questions

What agreement did Eni and YPF sign?
Eni and YPF signed an agreement regarding the Argentina LNG project during a meeting in Rome.
What role will Eni play in the Argentina LNG project?
Eni will act as a strategic partner of YPF and will utilize its expertise from floating LNG projects in Congo and Mozambique.
What is the purpose of the Argentina LNG project?
The Argentina LNG project aims to develop resources from the onshore Vaca Muerta field and export up to 30 million tons of liquefied natural gas per year to international markets.

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