Overview

• At Gastech, YPF said two liquefaction vessels are secured and three more are under negotiation with Shell and Eni for the Argentina LNG program requiring about US$25 billion in coastal infrastructure plus a similar amount upstream.
• Horacio Marín detailed that two Eni-linked ships will be built by China’s Wison with Chinese bank financing under discussion, with financing targeted to close by March and vessel delivery roughly 30 months after construction begins.
• Energy vice minister Daniel González pledged to finish paying Plan GasAr arrears for August and the current month and to remove minimum price floors, while warning Vaca Muerta remains roughly 35% costlier than the Permian.
• Producers formed a trust with Neuquén to finance and build a 51‑km bypass around Añelo, with companies contributing about US$60 million and the province about US$30 million, to be operated under a 15‑year toll regime.
• Chevron urged stable free‑market rules and capital mobility; US officials in Milan voiced support for Argentina’s energy agenda; and an IAPG study projected potential annual dollar inflows from Vaca Muerta of US$15–57 billion depending on infrastructure and LNG.