Argentina eyes natural gas pipeline to ease reliance on energy imports

Natural gas transportation company TGS has proposed an $800 million pipeline and gas treatment plant in Argentina’s Vaca Muerta shale fields as it aims “to address a key barrier to increasing production” in that South American country, according to Reuters. The news service says the project could be built in a year and a half and would transport shale gas produced by companies such as state-run YPF SA, Dow Argentina and Exxon Mobil Corp. Reuters says Argentina’s President Mauricio Macri has made attracting investments to ramp up natural gas production a priority of his government, which is trying to end reliance on energy imports. For more, read the full story.