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Argentina's Oldelval expects Vaca Muerta output to hit 1 million bpd by 2028
BusinessDevdiscourse03 Jun, 02:50 amAtlasHour
Business

Argentina's Oldelval expects Vaca Muerta output to hit 1 million bpd by 2028

"We committed ⁠some time ago to ensuring the basin would no longer face transportation ​bottlenecks,” Hosel said at an event in Buenos Aires, adding that ⁠by 2031 the country will not have problems with oil transport capacity. The formation ⁠holds ​the world's fourth-largest shale oil reserves and is a cornerstone of President Javier Milei's economic strategy, which seeks to boost ⁠Argentina's financial stability through increased energy exports.

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"We committed ⁠some time ago to ensuring the basin would no longer face transportation ​bottlenecks,” Hosel said at an event in Buenos Aires, adding that ⁠by 2031 the country will not have problems with oil transport capacity.

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