YPF to export LNG to Chile
Oil and Gas

YPF to export natural gas from Neuquén to Chile until May 2020

May, 28, 2019 Posted by datamarnews

Week 201923

The Argentine government has issued a new approval for YPF to export natural gas from Neuquén to Chile, up to a maximum of 1.7m cubic meters per day. This figure is in addition to 3.5m cubic meters per day that had already been authorized a few days ago, from the same areas and to the same destinations.

The decision was ratified by the Government’s Energy Secretariat Resolution 287/2019, which authorized the state oil company to sell from the El Porton and/or Loma La Lata areas – Sierra Barrosa, located in the Neuquen Basin. The destination is the Global Energy Supply Company (AGESA) of Chile.

It is worth noting that this authorization is valid until May 1, 2020, or until the maximum total value equivalent to that volume is reached for the total number of days authorized.

The gas that will be supplied to Chile will be subject to interruption when there are internal supply needs.

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