YPF and Shell Ink PDA for $55bn Argentina LNG 10 MTPA Phase 1

HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 19.Dec.2024) — YPF SA president and CEO Horacio Marín, and Shell‘s executive vice resident of LNG Cederic Cremers inked a project development agreement (PDA) in The Hague, Netherlands for development the Argentina LNG project.

“We are proud to have Shell, with its world leading LNG business, join the project. As a pioneer in the LNG market, Shell’s knowledge and experience will be instrumental in helping position Argentina as a reliable and competitive global energy provider,” Marín was quoted as saying in a Form 6-K filed by the Buenos Aires-based state energy company.