Growing natural gas production from the Vaca Muerta shale play has recently helped Argentina to export its first liquefied natural gas (LNG) cargo and to resume pipeline natural gas exports to its neighbors Brazil and Chile, the U.S. Energy Information Administration (EIA) said in a report on Friday. Argentina was a net exporter of natural gas between 1990 and 2007, but with declines in natural gas production from mature fields, the country became a net importer of natural gas in 2008. The shale gas production from the Vaca Muerta formation has been steadily rising in recent years and has been the main contributor to the to the country’s natural gas production. Thanks to Vaca Muerta’s output, which accounts for some 23 percent of Argentina’s total gross natural gas production, Argentina shipped in June its first LNG cargo from the offshore Tango floating liquefaction unit (FLNG). According to the EIA, […]