Milei Credits Deregulation for Argentina’s Record Oil and Gas Exports

President Javier Milei lauded Argentina’s unprecedented export achievements and the increase in oil and gas output on Monday, attributing these developments to his administration’s deregulation efforts and investment incentives that have revitalised the energy sector. During the inauguration of the Argentina Oil & Gas Expo 2026 in Neuquén, Milei announced that monthly exports had surpassed … Read more

Blue Dollar Updates

Argentina’s Oil and LNG Boom Could Reshape Its Energy Future

Hydrocarbon production in Argentina commenced in 1922 with the establishment of Yacimientos Petrolíferos Fiscales, recognised as the world’s inaugural state-owned oil enterprise. More than a century later, the nation’s energy sector is poised to embark on its most prosperous era to date. “Fifteen years ago, Argentina was a country with oil, and there was not … Read more

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Argentina’s Vaca Muerta Set to Boost Fertiliser Production

It is widely recognised that the swift expansion of Vaca Muerta is establishing the region as a pivotal economic driver for Argentina. What may be less well known is that the project also has the potential to address several structural bottlenecks in the Argentine economy. One of the most unusual developments, however, is not found … Read more

LNG

Argentina LNG might transform the economy

Argentina LNG represents a significant energy initiative aimed at transforming unconventional gas sourced from the Vaca Muerta field into liquefied natural gas for export purposes. With a US$51 billion investment, the initiative – led by state-owned oil company YPF in partnership with Italy’s Eni and the UAE’s XRG – would strategically position Argentina as a … Read more

Blue Dollar Updates

Vaca Muerta Oil Reserves Surge, Powering Argentina’s Energy Boom

Last week, in a straightforward manner, the government’s Deputy Economy Minister for Energy & Mining, Daniel González, revealed that a new study indicates Vaca Muerta possesses nearly twice the oil resources previously estimated by the US Energy Information Administration fifteen years ago. The EIA had stated that the recoverable oil was 16.2 billion barrels; the … Read more

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YPF Seeks $51 Billion Incentive Package for Argentina LNG Project

With a projected total expenditure of US$51 billion, state oil giant YPF has applied to take part in President Javier Milei’s investment incentive program for its “Argentina LNG” project. The plan aims to exploit the gas resources of the Vaca Muerta shale formation for export in the form of liquefied natural gas. The Argentina LNG … Read more

YPF sells interest in Argentina’s largest gas distributor to EEI

YPF, the state-owned oil and gas enterprise, divested its interest in Metrogas, the leading natural gas distribution entity in Argentina, to Edenor, an electricity distributor overseen by businessmen José Luis Manzano, Daniel Vila, and Mauricio Filiberti. The decision indicates that YPF will divest from Metrogas as it reallocates its resources to prioritise oil and gas … Read more

Blue Dollar Updates

Argentine energy trade balance highest in decade in first half

Argentina’s energy trade balance solidified its role as a primary contributor to the nation’s foreign currency earnings in the first half of 2026.According to a report by economist Nadin Argañaraz, the sector’s surplus improved by US$2.2 billion compared with the same period in 2025, almost entirely due to a sharp increase in energy exports. The … Read more

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Argentina’s Pampa Approves Major Urea Plant

The first new facility of this kind to be approved by Pampa Energia SA in over 25 years is a 2.7 billion US dollar urea fertiliser factory on the Atlantic coast of Argentina. Although Argentina has lately prioritised oil production from its prolific Vaca Muerta shale deposit due to its ease of transportation and export, … Read more

Is it possible for Argentina to export gas and oil across the Pacific?

Chilean Energy Minister Ximena Rincón recently toured the Vaca Muerta field in Neuquén province, extending an invitation to Argentina to utilise their Pacific coast ports for the export of oil and gas to Asian markets. A communiqué from Chile’s foreign ministry provided additional insights on the proposal. “Chile can serve as a close, stable, and … Read more

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