
Argentina's YPF registers proposed $25B oil project for RIGI incentive program
Argentina's YPF has proposed a $25B oil project to develop the Vaca Muerta shale formation, seeking inclusion in the RIGI incentive program for legal guarantees and tax breaks. The LLL Oil project aims to produce 240K bbl/day by 2032, with all output for export, potentially generating $6B in annual shipments. This initiative is crucial for boosting Argentina's energy exports and supporting President Milei's economic policy.

