RE:YPF, Petronas USD 2B investment (La Amarga Chica)Updated article from Bloomberg. It’s $2.3bn
YPF, Petronas to Invest $2.3b in 4 Yrs in Vaca Muerta: Ministry
Tuesday, December 4, 2018 04:22 PM
By Dale Quinn
(Bloomberg) --YPF, Petronas to start unconventional petroleum development in Vaca Muerta with direct investment of $2.3b over the next four years, according to an emailed statement from Argentina’s Economy Ministry.
2019 investment to be $590m
With investment, YPF sees boosting petroleum production by 30% by 2022, which represents a total increase of 15% for Argentina