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 . . .