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Argentina's YPF to look for $2 billion in funding for oil pipeline in Q2 2025

Argentina's staterun oil company YPF will seek $2 billion in funding in the 2nd quarter of 2025 to complete its Vaca Muerta Sur job, a company source stated on Wednesday.

The project is being performed by Vaca Muerta Oil Sur ( VMOS), which is managed by YPF, and intends to carry an additional 390,000 barrels daily from the Vaca Muerta development to a coastal export terminal in Rio Negro province.

The source said that the company is seeking $1.5 billion from foreign investors and $500 million in your area and wishing to add Pampa Energy, Vista, Shell, Chevron and Pan American Energy as partners.

This pipeline will permit more than double the oil evacuation capacity out of Vaca Muerta, YPF CEO Horacio Marin said at an interview in Buenos Aires on Wednesday.

The VMOS task will make Argentina one of the primary exporters in the area, he included.

The business is seeking financing for 70% of the task, which will amount to around $3 billion, the source stated. The rest will be financed with equity from the companies that get capability on the pipeline.

(source: Reuters)