Vaca Muerta oil exports to generate trade surplus in Argentina

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Booming shale oil production from Vaca Muerta will generate energy trade surpluses for Argentina on the order of US$8 billion in a few years, Energy Secretary Flavia Royón said in an interview.

Drilling is recovering rapidly in Vaca Muerta after a series of false dawns over the past decade, while the oil major, state-owned YPF S.A., is poised to increase investment.

Pipeline expansion, one . . .

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