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Argentina Targets 75 mcm/y Gas Exports: Platts

NATURAL GAS

Argentina has potential to boost natural gas exports to other South American countries by up to 75 mcm/d from its Vaca Muerta Shale formation, Platts said, citing Marcos Bulgheroni, CEO of BP-backed Pan American Energy.

  • First, takeaway capacity will need to be expanded and pipeline connections and cross border systems created, he said.
  • Connections should be made within two years and once complete exports should start increasing from less than 10 mcm/d this year.
  • Bulgheroni said Vaca Muerta has enough gas to meet all of Argentina’s domestic demand, currently 2 tcf/y.
  • The most immediate target export markets are Brazil, Chile, and Uruguay. These countries already have cross border pipelines with Argentina.
  • Its cross-border pipelines have fallen into disuse after Argentina's gas production plummeted to 114 mcm/d in 2014 from 143 mcm/d in 2024 as older reserves depleted.

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