There are concerns about potential outages as many provinces brace for high temperatures in the coming week

The initiative includes the construction of an SMR, a project that was already underway since 2014 until the government slashed its funding

The project, known as Argentina LNG, is expected to reach a liquefaction capacity of 10 million tons per year in its first stage

The project, spearheaded by state-owned energy company YPF, is set to be the largest private investment in Argentine history

The venture will demand a US$2.9 billion investment and is expected to export 11.5 million cubic meters per day

The two countries signed the agreement on the sidelines of the G20 summit currently taking place in Rio de Janeiro

A government attorney argued the shares are immune from such orders because they are foreign sovereign property located abroad

Eduardo Chirillo cited ‘personal and professional reasons” for stepping down and NRG Argentina’s general manager María Tettamanti is slated to take over

It is believed Shell will buy around a third of the field’s gas, valued at around US$7 billion per year