U.S. to Back Argentina’s First LNG Export Project With $6 Billion Loan
09.24.2026 By Tank Terminals - NEWS

September 24, 2026 [Oil Price]- The U.S. government plans to support Argentina’s first LNG export project with a loan of up to $6 billion, led by Argentina’s YPF in collaboration with Italy’s Eni and Emirati firm XRG. This financing, part of the Andes-Atlantic Corridor initiative, aims to enhance infrastructure and attract foreign investment. The Export-Import Bank of the United States (EXIM) issued a term sheet for the $51 billion project, which includes contracts for engineering and construction services. The project targets a final investment decision by the end of 2026 and will utilize shale gas resources from Vaca Muerta.

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