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Macri announces commercial agreement between YPF and Dow Argentina

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Argentine President Mauricio Macri on Tuesday announced a commercial agreement between YPF and Dow Argentina. Under the agreement, both companies move toward a new stage for the massive “El Orejano” development. the country’s first shale gas project. It is located in the province of Neuquén and has a surface area of 45 square kilometers. This accord will make it possible to triple current production of gas from the block by the end of 2016, to 2 million cubic meters per day. The American company will also invest $500 million next year, in addition to the $350 million that have already […]
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