Darío Irigaray highlights Vaca Muerta advances amid high expectations

Vaca Muerta News director Darío Irigaray said the field's development has entered a concrete phase with export and infrastructure projects underway.

In an interview with Canal E, Irigaray said Vaca Muerta's growth has become real, driven by strategic works and large-scale investments. He highlighted the commercial mission in Houston, where he joined governors, business leaders and union representatives to convey predictability to international investors.

The Vaca Muerta Oil Sur pipeline will boost oil exports from late 2026, while liquefied natural gas works at Punta Colorada are 60 percent complete and on schedule. Irigaray noted that Argentina's energy balance is already positive, with a surplus of about 7 billion dollars last year from crude sales.

He also cited projects under the Régimen de Incentivo para Grandes Inversiones submitted by Chevron and Pluspetrol for 10 billion and 12 billion dollars respectively. He warned of high living costs in northern Neuquén and advised job seekers to arrive with employment secured.

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Aerial view of construction machinery building the San Matías pipeline in Vaca Muerta, awarded to Víctor Contreras-Sicim.
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Víctor Contreras-Sicim awarded construction of San Matías pipeline in Vaca Muerta

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Southern Energy consortium awarded Víctor Contreras-Sicim the construction of the San Matías pipeline linking Vaca Muerta to Río Negro's coast for LNG exports. Techint lost this key bid again, after being excluded from pipe supply earlier in 2026. The winning bid totaled USD 533 million for assembly and USD 96 million for a compressor plant.

Former Neuquén governor Jorge Augusto Sapag published the book Vaca Muerta, Tesoro y Faro para la Argentina, edited by Sidera. The work reconstructs the technical and political process of developing the unconventional reservoir. It highlights its status as the world's second-largest unconventional gas reserve and fourth-largest for oil.

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Sonora's governor, Alfonso Durazo, is consolidating the state as a key piece in the Mexico-US economic dynamic through the expansion of Guaymas Port. This initiative features a 130 billion peso investment announced by President Claudia Sheinbaum to create an energy and logistics corridor. Meetings with US officials aim to accelerate projects like an LNG plant.

Economist Aldo Abram stated on Canal E that Argentina's Régimen de Incentivo para Grandes Inversiones (RIGI) is already delivering concrete results, with over 20 projects submitted totaling more than $33 billion. More than 10 have been approved, amounting to around $25 billion in future investments.

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Cuban officials outlined on Mesa Redonda measures to counter the intensified U.S. energy blockade, which has blocked fuel shipments for over three months. First Deputy Minister of Energy and Mines Argelio Jesús Abad Vigoa stated that over 1,400 MW of installed capacity remains idle due to lack of crude oil. Progress includes domestic production, renewables, and restorations to stabilize the grid.

Neiva's mayor, Germán Casagua, secured an investment exceeding $8 billion for housing improvements for 180 families in communes 2, 8, and 10. The funds come from the national government's Convocatoria 004 of 2025, where Neiva received the most resources among 100 competing cities. Interventions will target floors, roofs, and sanitary spaces.

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Francisca Vargas, from Universidad Diego Portales' migrant clinic, slams the Kast government's Escudo Fronterizo plan trench on the Peru border as costly and ineffective, amid fiscal constraints, urging better migration policies instead.

 

 

 

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