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YPF Argentian ramps up LNG activity

Editor by Editor
6 months ago
Reading Time: 1 min read
YPF-Argentina-LNG
By the end of 2023, state-run YPF plans to drill one or two horizontal wells in the new shale play Palermo Aike, targeting 6.6 billion barrels of recoverable oil resources. Despite Vaca Muerta’s already vast resources and the risk of an LNG glut in Europe, YPF announced that it will now bring its fracking experience to the Palermo Aike shale formation in the Austral basin in deep southern Santa Cruz province.
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