Argentina’s state-led YPF is preparing a shipment of light crude from Vaca Muerta, a trend the federal government expects to gain as production increases from the shale play, Argentinian Energy Secretary Gustavo Lopetegui said Tuesday. Receive daily email alerts, subscriber notes & personalize your experience. Register Now “This year for the first time in many years we have started to export light oil from the Neuquen basin,” where the play is located, Lopetegui said at the Argentina Gas and Oil Summit in Buenos Aires. The biggest producer in the play, YPF has made a first shipment already and will make the second in the next few weeks, he added. Argentina’s energy department has estimated that Vaca Muerta, one of the world’s largest shale plays, will lead a doubling of the country’s oil production to 1 million b/d in 2023 from 500,000 b/d this year. With domestic demand at less […]