The measure reaches pipelines and polyducts that cross six provinces and provides for an investment of more than 364 million dollars.
The Executive Branch officialized on Tuesday the Extension for ten yearsas of November 2027, of the transport and polyduct transport concessions operated by YPF SAwhich extend in the provinces of Neuquén, Mendoza, San Luis, Córdoba, Santa Fe and Buenos Aires.
The decision, established in the Decree 698/2025 Posted in the Official Gazette, Signed by President Javier Milei and the Minister of Economy, Luis Caputo. Also approves a Work plan and investments presented by the company, which contemplates disbursements by U $ 364.3 million during the extension period. The program includes works by Extension of capacity, systems optimization, operational security improvements, technological update and equipment modernization.
Previous investments and advance control
The decree also sets that the oil company must Execute investments additional by U $ 278.1 million Between 2025 and 2027, prior to the start of the extension, and semiannually report the progress of these works to the National Directorate of Transportation and Infrastructure of the Undersecretariat of Liquid Fuels.
Concessions cover a duct system of some 3,000 kilometers of extensionwhich includes pipelines Puerto Rosales-La Plata, La Plata-Dock Sud and Hernández-Luján from Cuyo; Luján de Cuyilla Mercedes, Villa Mercedes-Montecristo, Montecristo-San Lorenzo, Villa Mercedes-Junín-La Matanza, La Plata-Dársena de Flamable and Dársena de Flamable-La Matanza; and the JP duct La Matanza-Ezeiza.
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The text clarifies that breach of committed investments will be Cause of expiration of concessions and establishes that YPF must comply with environmental standardsof current safety and access, as well as keeping its registration in the National Registry of Liquid Hydrocarbons transport companies.
Source: Ambito
