Argentina's VMOS Secures $2 Billion Loan for Vaca Muerta South Pipeline
(Reuters) — Argentina's VMOS signed a $2 billion loan to finance construction of the Vaca Muerta South pipeline project, the company said in a statement on July 8.
Vaca Muerta, a vast unconventional oil reserve, is pivotal for Argentina to cut costly imports and bolster its economy.
VMOS S.A., a partnership formed by state-run oil company YPF, Vista Energy Argentina, Pampa Energia and Pan American Sur, said the loan has a five-year term and will bear interest at SOFR plus 5.5%.
"This strategic initiative will unleash the country's full oil export potential," VMOS said.
The pipeline is already under construction and is expected to begin operations by the end of 2026 with an initial transport capacity of 180,000 barrels per day, increasing to a maximum of 550,000 bpd in 2027, the company added.
Related News
Related News

- Enbridge Plans 86-Mile Pipeline Expansion, Bringing 850 Workers to Northern B.C.
- Intensity, Rainbow Energy to Build 344-Mile Gas Pipeline Across North Dakota
- Energy Transfer to Build $5.3 Billion Permian Gas Pipeline to Supply Southwest
- Enbridge Sees High Demand to Expand 593-Mile Canada-to-U.S. Gulf Oil Pipeline
- Strike Pioneers First-of-Its-Kind Pipe-in-Pipe Installation on Gulf Coast with Enbridge
- A Systematic Approach To Ensuring Pipeline Integrity
- 275-Mile Texas-to-Oklahoma Gas Pipeline Enters Open Season
- LNG Canada Start-Up Fails to Lift Gas Prices Amid Supply Glut
- Strike Pioneers First-of-Its-Kind Pipe-in-Pipe Installation on Gulf Coast with Enbridge
- Enbridge Sees High Demand to Expand 593-Mile Canada-to-U.S. Gulf Oil Pipeline
Comments