Abu Dhabi’s XRG in Talks to Invest in Argentina LNG Project (1)

The overseas unit of Abu Dhabi’s biggest oil company is in talks to invest in a liquefied natural gas project Argentina’s YPF SA is developing as it pushes to start exporting the fuel, according to people familar with the matter.

XRG is eyeing a stake in the project as it considers expanding its LNG portfolio in Latin America, the US and Asia, according to one of the people, who asked not to be identified because the matter isn’t public.

State-run YPF is developing the floating terminal as Argentina tries to tap global LNG demand and accelerate output of vast natural ...