Home » YPF announced a record investment of US$3 billion in Vaca Muerta

YPF announced a record investment of US$3 billion in Vaca Muerta

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YPF announced a record investment of US$3 billion in Vaca Muerta

YPF announced his new Strategic plan for the next four years, with the projection of a record investment of US$3,000 million in Vaca Muertathe largest in the history of the state oil company.

This was revealed this Thursday by its CEO, Horacio Marinbefore investors, as part of the presentation of the strategy, named “Plan 4×4”what are you looking for transform YPF into a “world-class shale” company and “aspires to break records in oil and gas production in Argentina to transform into a large exporter of hydrocarbons by 2030“, according to an official statement.

This planning, as detailed, is focused on four pillars: acceleration of oil production at the site which extends through the provinces of Neuquén, Mendoza, Río Negro and La Pampa, is added to the “financial discipline in investment management”he “maximize operational efficiencies in business and the development of a “LNG project” in the country.

News in development…

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