U.S. to Back Argentina’s First LNG Export Project With $6 Billion Loan

The U. S. government is ready to support Argentina’s key LNG project by lending up to $6 billion to the project led by Argentina’s energy group YPF in partnership with Italy’s Eni and Emirati energy firm XRG. As part of a newly launched Andes-Atlantic Corridor, a joint U.

S-Argentinian initiative to strengthen and modernize the infrastructure, U. S. government financing agencies can play a role in financing for Corridor projects alongside the private sector, the U. S. Department of State said.