Vaca Muerta Sur Project: This initiative, already approved by the Government, is led by YPF and other companies in the sector, such as Pan American Energy, Vista, Pluspetrol, Pampa Energía, in addition to the multinationals Chevron and Shell.
The initial investment amounts to USD 2.9 billion and will be allocated to the construction of a pipeline that will connect Vaca Muerta with the port of Punta Colorada, in Río Negro, with the aim of doubling crude oil exports from the Neuquén Basin.
Southern Energy: The company, formed by Pan American Energy and Golar LNG, joined the RIGI with a project to install a natural gas liquefaction barge in the San Matías Gulf, in Río Negro. The planned investment is USD 2.9 billion and aims at the production and export of LNG from the Atlantic coast.
Sidersa: This firm announced a disbursement of USD 300 million to establish a state-of-the-art steel plant in San Nicolás, province of Buenos Aires. The objective is to produce "green" steel, with more efficient and sustainable processes. Part of the financing comes from BID Invest, which will contribute USD 100 million.
PCR and Acindar: They plan to develop a wind farm in the Olavarría district, Buenos Aires. The first phase of the project will have an installed capacity of 180MW and an estimated investment of USD 255 million.
Rio Tinto: The international mining company confirmed an investment of USD 2.7 billion to expand its Rincón de Litio project in Salta. Its plan includes increasing production capacity to 60,000 tons annually of battery-grade lithium, through the construction of a new plant.
Tecpetrol (Grupo Techint): Although it has not yet formally submitted its application to the Ministry of Economy, the Argentine group's oil company announced its intention to join the RIGI with an investment exceeding USD 1.5 billion. Its strategy aims to expand the extraction and processing capacity of hydrocarbons in Vaca Muerta.
