Argentina’s YPF to invest up to $7 billion on infrastructure to boost oil exports

Argentina’s state-run energy company YPF plans to invest between $6 billion-$7 billion with partners to build pipelines and other infrastructure to boost oil exports from the Vaca Muerta shale play, with a focus on supplying a proposed terminal in the south that can load very large crude carriers, CEO Pablo Iuliano said April 20. “We need to rapidly monetize our…