- Argentina's YPF and Malaysia's Petronas to decide on $60bn natural gas project next year.
- Phase 1 would require $5-6bn to produce up to 5 million metric tonnes of LNG per year.
- YPF also expects to make final decision this year on oil midstream project.
- Gas pipeline connecting Vaca Muerta to the country's Northern region to complete construction in June.
- Argentina has one of the world's largest shale gas reserves but must still import fuel to generate electricity.
CERAWEEK-Green light for Argentina's gas project with Petronas to come in 2024 -YPF CEO
Argentina's state-controlled energy firm YPF and Malaysia's Petronas expect to make a final decision next year on whether to invest in the first phase of a massive $60 billion natural gas project in Argentina, the head of YPF said on Wednesday.
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