The US interior and energy secretaries participate in the Gastech fair in Milan. They talked about an electoral “setback” in reference to the result in PBA. Dialogues with investments companies.
Within the framework of GASTECH 2025the most relevant event of the global gas industry, which is held at the Milano Fiera, Italy, two key figures of the President’s administration Donald Trumpthe Secretary of the Interior, Doug Burgumand its pair of energy, Chris Wrightthey offered a Strategic support to the government of Javier Mileiwhile marking doubts regarding the political cycle of the opposition.
In a press conference in this forum, which brings together thousands of energy leaders around the world, both officials highlighted Argentina’s potential as a central actor in the global energy market, with special emphasis on Vaca Muerta resources.
The expectation in the support of Donald Trump
Doug Burgum, former Governor of North Dakota and current Secretary of the Interior, is seen as an official with extensive experience in the management of natural resources and energy policies. Known by Your focus on deregulation and promotion of private investmentBurgum has been a pillar on the “energy dominance” agenda of the Trump administration.
During the conference, praised the economic reforms promoted by the Argentine government And he stressed that they have created an environment conducive to US companies interested in the energy sector. It also referred to recent Electoral results in the province of Buenos Airesinterpreting them as an indication of political stability that strengthens the confidence of international investors, although He suggested his disagreement with the outcome that showed Javier Milei loser: “Maybe this is a setback in these mid -term elections”Burgum said.
For his part, Chris Wright, Secretary of Energy and former executive of the oil and gas industry, is recognized by His role in the shale revolution in the US. With a trajectory that combines experience in fossil, renewable and nuclear energiesWright defended in Gastech the importance of a pragmatic approach to balance energy production with technological innovation. He stressed the potential of Vaca Muerta As a strategic asset for global energy security, especially in a context of growing demand for liquefied natural gas (LNG) in markets such as Europe and Asia. Wright stressed that Argentina, with its vast resources, is well positioned to capture the interest of global investors, provided it continues to strengthen its infrastructure and regulatory stability.
YPF and the Argentine project LNG: concrete advances in Milan
In parallel to political support, Gastech 2025 was the scene of significant advances for the Argentine LNG project, led by YPF. According to the scope, Horacio Marín, CEO of YPF, announced in Milan the incorporation of two new international partners, including an American “major”, for phases 2 and 3 of the project, in addition to The acceleration of engineering design (feed) with the Italian ENI and the Chinese company Wison.
This progress, which promises to reduce deadlines in approximately 12 months, positions Argentina to start liquefaction operations between 2029 and 2030capitalizing the cow reserves of Muerta and overcoming the historical bottlenecks in infrastructure. Despite the country’s risk and volatility of Argentine actions on Wall Street, the project has attracted financing and confidence of investment banks, consolidating Argentina as a key exporter of LNG.
YPF’s announcement in Gastech 2025 also included advances in the financing of the Argentine LNG project, with the participation of investment banks that, according to scope, are willing to support development Despite global financial turbulence and increased risk of Argentine country. This trust is based on the enormous potential of Vaca Muerta, which could make Argentina one of the main LNG exporters in the next decade, especially for European markets that seek to diversify their energy sources after recent geopolitical tensions. The collaboration with strategic partners such as ENI and Wison reinforces the technical and logistics capacity of the project, while the incorporation of an American company of great majority underlines the interest of the United States in Argentine energy development.
In YPF they understand that these advances not only strengthen the position of the oil company as a leader in the regional energy sector, but also send a clear signal to the global market: Argentina is committed to transforming its potential into specific results. However, they argue, the success of the project will depend on the country’s capacity to overcome challenges such as the extension of the transport and liquefaction infrastructure, which is why the new corporate incorporations are contributed to capital and financing.
Source: Ambito
