Eni S.p.A.As a partner in Argentina LNG, Eni stands to benefit from the project's development and financing.
JPMorgan and Santander will lead a fundraising operation for Argentina LNG that could reach $15 billion, according to Bloomberg sources. The companies involved in the project aim to make a final investment decision by November. Argentina LNG is a partnership between Italy's Eni, Argentinian state energy major YPF, and Emirati XRG, with a total price tag of $24 billion. The facility on Argentina's Atlantic coast will have an annual production capacity of 12 million tons of liquefied gas, potentially ramping up to 18 million tons, and will include two floating liquefaction trains, two cross-country pipelines, and a natural gas liquids plant. The project will source gas from the Vaca Muerta shale play, which holds the world's second-largest technically recoverable shale gas resources after the U.S. Marcellus.
Eni S.p.A.As a partner in Argentina LNG, Eni stands to benefit from the project's development and financing.
YPF Sociedad Anonima
Banco Santander S.A.Leading a $15 billion financing push for Argentina LNG, a major deal for the bank.
JPMorgan Chase & CoLeading a $15 billion financing push for Argentina LNG, a major deal for the bank.
As a partner in Argentina LNG, XRG stands to benefit from the project's development and financing.