YPF, Eni sign agreement with ADNOC's XRG to develop Argentina LNG project

Core Insights - Argentina's state-controlled oil company YPF and Italy's Eni have reached a framework agreement with Abu Dhabi National Oil Company's (ADNOC) XRG investment arm to collaborate on Argentina's liquefied natural gas (LNG) sector [1] Group 1 - YPF and Eni's partnership with ADNOC aims to enhance investment and development in Argentina's LNG industry [1] - The agreement signifies a strategic move to leverage international investment for local energy resources [1] - This collaboration is expected to boost Argentina's position in the global LNG market [1]