Argentina's Vaca Muerta LNG project secures $900 million in project finance

A consortium including YPF, PAE, and Pampa Energía has finalized a $900 million financing deal for the first LNG export facility utilizing Vaca Muerta shale gas. This milestone marks a critical step in Argentina's transition toward becoming a significant global LNG exporter, though the project's long-term timeline remains subject to global price volatility.