11:57 AM EDT, 10/28/2025 (MT Newswires) -- YPF (YPF) is in preliminary talks with Abu Dhabi National Oil Company's XRG overseas unit to get an investment for its liquefied natural gas project in Argentina, Bloomberg News reported Tuesday, citing people familiar with the matter.

The project in the Vaca Muerta shale basin requires the construction of multiple liquefaction vessels, with the aim of producing 28 million tons of LNG annually, the report said.

Shell (SHEL) and Eni (E) are working with YPF on the project, but final investment decisions haven't been made, the report added.

YPF and XRG did not immediately respond to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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