Financial crisis has made borrowing rates ‘unreasonable’ At least four groups are eyeing the project More pipeline capacity is needed to further develop Vaca Muerta gas Mar del Plata, Argentina — Argentina’s Energy Secretariat extended the deadline for bidding for a $800 million project to build a pipeline for moving natural gas out of Vaca Muerta, a key for increasing output and exports from the country’s biggest shale play. The deadline has been extended to March 31, 2020, from November 4, the secretariat said in a statement late Tuesday. This is the second delay in the project since it was announced earlier this year. The two-stage project calls for investing $2 billion to build a 1,000-km line for transporting gas from Vaca Muerta, in the southwestern Neuquen Basin, to near Buenos Aires, where more than a third of the 44 million population lives and much of the power […]