Shell Joins Forces With YPF on Argentina's $50B LNG Leap

Shell plc (SHEL) has teamed up with Argentina’s state-owned oil and gas company, YPF Sociedad Anónima (YPF) , for a $50 billion transformative deal to develop the first phase of the Argentina LNG export project. Shell's proficiency in LNG (liquefied natural gas) aligns efficiently with the project’s objective to produce 10 million tons of natural gas annually. This project is considered a big one for Argentina because the country looks forward to cashing in on the vast reserves of the highly lucrative Vaca ...