88km Vaca Muerta pipeline inaugurated next week
Apr, 25, 2019 Posted by datamarnewsWeek 201918
An 88km oil pipeline which will connect principle production areas of Vaca Muerta, transporting crude oil from Loma Campana Crude Treatment Plant to the Lago Pellegrini pumping station in Rió Negro will be inaugurated and begin operations next week.
La semana que viene inaugurarán un oleoducto clave para evacuar petróleo de Vaca Muerta https://t.co/lqsuN9zWEv pic.twitter.com/zth1Orj2vx
— Vaca Muerta News (@VacaMuertaNews) April 25, 2019
An estimated 25,000 cubic meters of crude oil will be transported per day, tripling the current capacity of using tank trucks. According to Vaca Muerta News, the pipeline required a total of US$90m in investments.
The vertically integrated Argentine energy company, YPF SA and privately owned TecPetrol SA won the concession to operate the pipeline. The contract runs until 2052, with 85% stake awarded to YPF.
DatamarNews reported TGS is making progress on plans to build a 1,200km natural gas pipeline from Vaca Muerta to Buenos Aires.
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