Argentina’s YPF to Merge LNG Project With Rival’s Venture (1)

Argentine state-run energy company YPF SA will join a venture being developed by rival shale driller Pan American Energy Group SL and liquefied natural gas shipper Golar LNG Ltd., Executive Chairman Horacio Marin said.

The merger of what have so far been two separate LNG projects — one led by YPF, the other by Pan American and Golar — would be key to helping boost production and exports in Argentina’s Vaca Muerta, the second-biggest deposit of shale gas in the world. YPF and Pan American, which is 50% owned by British oil major BP Plc, are the ...