Southern LNG and partners to invest over US$16 billion in Vaca Muerta gas liquefaction and export project starting in 2027

Southern and Pan American Energy are advancing the Vaca Muerta LNG export project in Argentina, committing over US$16 billion to develop liquefaction infrastructure and export facilities. The project aims to begin operations in 2027, addressing current infrastructure bottlenecks in Vaca Muerta, which holds an estimated 308 trillion cubic feet of gas reserves. The initiative targets the monetization of stranded gas resources through liquefaction and maritime export, leveraging Southern's existing gas production capabilities in the region. The investment will fund new liquefaction plants, storage tanks, and port facilities to enable LNG shipments via dedicated vessels. This deal represents one of the largest infrastructure investments in Argentina's energy sector in recent years, positioning the country to become a material LNG exporter in Latin America.

Counterparts (2)

Developer

Southern Co.

company

Southern Company is an American gas and electric utility holding company based in Atlanta, Georgia. The company provides electricity to customers in Alabama, Georgia, and Mississippi, and natural gas to customers in Illinois, Georgia, Maryland, North Carolina, South Carolina, Tennessee, and Virginia.

Partner

P

Pan American Energy

company

Pan American Energy is an integrated energy company with operations in Argentina, Bolivia, Mexico and Uruguay. It explores for and produces oil and gas, refines petroleum products, and generates electricity.