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The latest announcement is out from YPF Sociedad Anonima ( (YPF) ).
YPF Sociedad Anonima has entered into a Project Development Agreement with Shell for the Argentina LNG Project. This agreement marks Shell’s involvement in the first phase, aiming for a liquefaction capacity of 10 million tons per year. This partnership positions Argentina as a potential competitor in the global LNG market, following Petronas’s exit from the project.
More about YPF Sociedad Anonima
YPF Sociedad Anonima is an Argentine energy company primarily engaged in the exploration, production, and marketing of oil and gas. It focuses on developing energy projects and expanding its position in the global energy market.
YTD Price Performance: 142.52%
Average Trading Volume: 2,411,136
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $19.33B
Learn more about YPF stock on TipRanks’ Stock Analysis page.
