YPF、Eni和XRG签署了一项具有约束力的联合开发协议 (JDA)，以推进拟议的阿根廷液化天然气项目，这标志着朝着最终投资决定迈出了关键一步，并使阿根廷成为全球主要的液化天然气出口国。

这项大型天然气和液化一体化开发项目旨在开发阿根廷瓦卡穆埃尔塔 页岩的资源，并支持长期液化天然气出口。该项目预计将通过两座浮式液化天然气（FLNG）装置，每年提供1200万吨的总液化能力，每座装置的产能为600万吨/年。

该协议制定了下一阶段开发的工作计划，包括前端工程设计（FEED）、技术研究和商业架构设计。合作伙伴还将推进融资和项目定义工作，目标是在2026年下半年做出最终投资决定。

阿根廷液化天然气项目计划全面整合，涵盖上游生产、天然气加工、运输和液化基础设施。项目发起人表示，该项目旨在吸引大规模投资，扩大出口能力，并助力阿根廷成为全球市场的长期液化天然气供应商。

随着XRG加入YPF和Eni，成为项目合作伙伴，增强了联合体的技术和财务实力，推动项目开发进程。合作伙伴表示，该协议标志着推进这一与南美洲日益增长的非常规天然气资源密切相关的、最重要的拟建液化天然气出口项目之一，又迈出了重要一步。

YPF, Eni and XRG have signed a binding joint development agreement (JDA) to advance the proposed Argentina LNG project, marking a key step toward a final investment decision and positioning the country to become a major global liquefied natural gas exporter.

The large-scale integrated gas and liquefaction development is designed to monetize resources from Argentina’s Vaca Muerta shale and support long-term LNG exports. The project is expected to deliver total liquefaction capacity of 12 million tonnes per year through two floating LNG (FLNG) facilities, each with capacity of 6 MMtpa.

The agreement establishes a work program for the next phase of development, including front-end engineering design (FEED), technical studies and commercial structuring. The partners will also advance financing and project definition activities as they target a potential final investment decision in the second half of 2026.

Argentina LNG is planned as a fully integrated development encompassing upstream production, gas processing, transportation and liquefaction infrastructure. Project sponsors say the development is intended to unlock large-scale investment, expand export capacity and support Argentina’s emergence as a long-term LNG supplier to global markets.

The addition of XRG as a project partner alongside YPF and Eni expands the consortium’s technical and financial capabilities as development progresses. The partners said the agreement represents another milestone in advancing one of the most significant proposed LNG export projects linked to South America’s growing unconventional gas resource base.