Overview
- Independent BCR projections put 2025 output near 46 million cubic meters of oil and 53.4 billion cubic meters of gas, powered by Vaca Muerta and recent transport upgrades.
- Non‑conventional barrels now dominate the mix, with about 60% of 2025 oil output coming from Vaca Muerta, as the energy trade balance shows its biggest surplus in 35 years.
- Two contracted FLNG vessels are slated to lift export capacity from 2027–2028 to roughly 6 MTPA, with Hilli Episeyo (~2.45 MTPA) expected in 2027 and MKII (~3.5 MTPA) in 2028.
- TotalEnergies’ Argentina chief warned that restrictions on dividend transfers constrain the foreign capital needed to scale projects, even as the company advances gas output and exports.
- At Gastech in Milan, YPF is promoting the Argentina LNG project and courting partners under the long‑term RIGI framework, while industry groups say gas output must rise about 78% to supply multiple FLNG units.