Argentina Ramps Up Natural Gas Exports Leveraging Vaca Muerta Reserves

Argentina Ramps Up Natural Gas Exports Leveraging Vaca Muerta Reserves

September 14, 2023 Off By Author

Argentina is gearing up to escalate its natural gas exports, capitalizing on the expanding production from the Vaca Muerta shale gas deposit. The nation’s objective is to diminish gas imports by 2024-2025, except during peak winter demand. Boosting this initiative is the newly operational pipeline from Vaca Muerta, with its capacity set to reach 40 million cu m/d by mid-2024. This development will not only ensure domestic gas supply but will also drive exports, initially to neighboring countries and subsequently as LNG to global markets. With significant investments in infrastructure and favorable policies, Argentina seeks to harness the potential of Vaca Muerta and capitalize on the rising global demand for gas.