The third phase of YPF’s Argentina LNG export project would require an investment of about $20 billion, according to Eni’s COO of global natural resources, Guido Brusco.
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Australian LNG player Santos and its GLNG joint venture partners have entered into binding agreements to purchase 100 percent of the Greater Meridian CSG project in Queensland for approximately $310 million.
Argentina LNG, a joint venture of Argentina’s state-owned oil and gas company YPF and its partners Eni and XRG, has submitted its application to join Argentina’s large investment incentive regime (RIGI), supporting the development of the large-scale LNG export project with a total investment of $51 billion.
Argentina’s state-owned oil and gas company YPF and its partners Eni and XRG are still targeting a final investment decision on the 12 mtpa Argentina LNG project by the end of this year, according to YPF CEO Horacio Marin.
Italian energy firm Eni said on Wednesday that its previously announced sale of a 25 percent stake in the Congo LNG project to energy trader Vitol was not finalized.
France's TotalEnergies and Italy's Eni have taken the final investment decision (FID) for the development of the Cronos gas field to supply Europe through existing LNG infrastructure in Egypt.