Eni and YPF ink MOU for joint evaluation of Argentina LNG 3

BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 14.Apr.2025) — Eni SpA CEO Claudio Descalzi and YPF SA president and CEO Horacio Daniel Marín signed a Memorandum of Understanding (MOU) to evaluate Eni’s participation in Argentina LNG 3, promoted by YPF.

The MOU is in line with Eni’s strategy to promote the energy transition in favor of the development of gas production to reduce environmental impacts from carbon emissions, with an aim on achieving carbon neutrality by 2050, while also as contributing to the security and competitiveness needs of energy supplies, Italian company announced on 14 Apr. 2025 in an official statement.

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“YPF’s choice of Eni as a strategic partner stems from the specific and distinctive know-how we have developed in FLNG projects in Congo and Mozambique, and from the recognition of our global leadership in implementing projects with this technology,” Descalzi said in the statement.