YPF, Vista Energy Lach S.A., Shell Argentina S.A., and Equinor Argentina SAU, have signed agreements with Empresa Nacional de Petróleo de Chile (ENAP), for the export of shale oil from Vaca Muerta. The agreements, valid until June 2033, include an initial combined volume of up to 70,000 barrels per day, which could generate estimated revenues of 12 billion dollars for the country over the term of the contracts. The relationship with Enap has deepened in recent years following the rehabilitation of the Trasandino Pipeline (OTA) and the construction of the Vaca Muerta Norte Pipeline, key infrastructure to optimize crude evacuation to Chile and potentially to international markets via the Pacific.
Currently, 40% of exports from the Neuquén basin are transported through this system. This agreement reflects the commitment of the leading companies in the sector to work collaboratively to boost production and exports, consolidating the country as a reliable energy supplier for various global markets.
