Argentina’s state oil giant YPF is set to embark on an ambitious pipeline project to channel resources from the vast Vaca Muerta shale formation to a Patagonian port. Economy Minister Luis Caputo revealed that the government has now included YPF in a stimulative funding program designed to support the $3 billion initiative. The project is not only pivotal for its scale but also for the potential economic windfall it offers, with projections indicating over $15 billion in annual oil exports once operational.
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