In an international context marked by geopolitical tensions and a growing demand for energy, Argentina is making progress in consolidating Vaca Muerta as one of the world's main hydrocarbon development poles. During an event organized by the Atlantic Council in Buenos Aires, the president of YPF, Horacio Marín, said: “Oil companies will invest $130 billion in Vaca Muerta by 2031.” The magnitude of the announcement was accompanied by a clarification that measures its scope: this is an amount equivalent to what the world's leading oil company invests annually in all the countries in
which it operates.The investment process is already showing concrete signs. The state-majority oil company will allocate $20 billion to infrastructure and another $10 billion to production this year alone, in line with a strategy of sustained expansion. In this context, the head of YPF linked the global context to the acceleration of projects: “It is likely that the war has accelerated times”, and also added that “the war in the Middle East will advance investments”, highlighting the impact of international conflicts on
energy dynamics.
One of the central axes of development is the Argentina LNG project, one of the three existing to export liquefied natural gas. As Marín explained, it will be “the largest finance project in the history of Latin America”. The initiative requires a large scale infrastructure, including a gas pipeline, a polypipeline and a plant the size of the YPF refinery in La Plata, to be developed in Rio Negro
