Overview
- Representatives from the Argentina–Texas Chamber met with Energy official Daniel González and oil-company procurement teams to explore cost-cutting and new services for Vaca Muerta.
- González estimated service prices in Vaca Muerta run roughly 35–40% higher than the Permian, pressuring margins for export projects such as LNG and pipeline gas to Brazil.
- Financing remains costly for local players, with recent bonds and loans near 7.5–8.5% and Argentina’s country risk topping 1,100, prompting firms to pace external fundraising.
- Chevron and TotalEnergies executives reiterated calls for predictable regulation, investment protection and dividend repatriation, while TotalEnergies’ Sergio Mengoni said international capital is indispensable.
- LNG export plans continue in parallel, with two Golar FLNG vessels slated for 2027–2028 and YPF evaluating additional units with Shell and Eni, though further decisions are pending.