He Trasandino Pipeline (Otasa), that links Dead cow with Chile and which has been inactive since 2006, began with the necessary tests for its rehabilitation, which would allow the transport of more than 100,000 export barrels of Neuquén shale oil at the beginning of 2023, as reported by the Télam agency at the end of 2022.
The binational system, which has YPF, Chevron and ENAP as the main shareholders, has an extension of 427 kilometers and the objective is to rehabilitate it after 16 years of inactivity in order to guarantee the dispatch of oil to Chile and the Pacific markets.
In the meeting this afternoon between Massa and González, the development of the project was also put on the table “Southern Dead Cow”. This is a project to export crude oil to the world through the Río Negro through a 700-kilometer pipeline from the unconventional formation to the Río Negro port of Punta Colorada. Its total investment is US$1.200 million.
Another point of the meeting was the LNG project with the Malaysian company Petronas with an initial investment of US$10,000 million. The development will allow the production and transportation of gas to later proceed to its liquefaction and be able to export it to overseas destinations.
According to estimates from the energy sector, based on investments and projects, the energy balance could go from a negative balance of US$5.5 billion in 2022 to a positive balance between US$4.000 and US$8.000 million in the 2026.
Lastly, during the meeting they addressed the energy transition agenda, another of the mainstays of the company led by González. With YPF Luz, the company ranks as the second renewable energy generator in the country with an installed capacity of 400 MW and advances with the start-up of its first solar park in San Juan, among other investments
Source: Ambito
