Italy's Eni and Abu Dhabi's XRG have each agreed to take a 32% stake in three Vaca Muerta gas blocks, backing Argentina's push to export LNG.
Key Facts
—The deal. On June 29 Eni and XRG each agreed to buy a 32% stake in three Vaca Muerta gas blocks.
—The seller. Argentina’s state-controlled YPF keeps 36% and operates all three blocks.
—The buyers. Eni is Italy’s energy major; XRG is the international investment arm of Abu Dhabi’s ADNOC.
—The prize. The gas feeds Argentina LNG, a project designed to export 12 million tonnes a year.
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Italy's Eni and Abu Dhabi's XRG have each taken a third of three Vaca Muerta gas blocks, advancing Argentina's…
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La partecipazione nei tre blocchi upstream sarà detenuta da YPF con il 36%, ENI con il 32% e XRG con il 32%
