Eni Acquires Stake in Vaca Muerta Shale Blocks to Support Argentina's LNG Project
Italian energy company Eni has agreed to acquire a 32% stake in three unconventional gas blocks within Argentina’s Vaca Muerta shale formation. The deal, pending regulatory approval, will support the development of an integrated upstream and midstream project aimed at producing up to 12 million metric tons per year (mtpa) of LNG via two floating LNG units.
Topics: Energy LNG Shale Gas Vaca Muerta