A Biden government official said that the United States’ goal is to reduce China’s dominant position in the lithium market

The project will be a US$2.5 billion investment that will reportedly allow the country to export 135 million barrels of oil per year

The Patagonian province’s adherence to a new national investment regime was a crucial factor in the decision

The Buenos Aires governor’s pledge came as the province competes with Río Negro to be the site of an LNG plant

YPF president Horacio Marín had written to both Río Negro and Buenos Aires provinces asking about investment conditions for an LNG plant

Twenty-eight LNG carriers will also boost supply while work to flow gas north from Vaca Muerta is completed

The company received more than 60 offers and will now analyze the proposals and begin final negotiations

The government said that a shipment had begun refilling the county’s gas system and that supply would be normalized by Wednesday night

The financial firm had asked for the country’s equity stake as partial payment for the US$16.1 billion trial over the company’s expropriation