Senior aide to Argentina's Milei says Shell eying LNG investment, according to report
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Shell is reportedly considering investing in a future LNG project in Argentina, which will be operated by the state oil firm YPF. This potential investment was mentioned by a senior aide to Argentine President Javier Milei.
November 13, 2024 | 8:00 pm
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Shell is reportedly considering an investment in an LNG project in Argentina, which could enhance its LNG portfolio and strengthen its presence in South America.
The news of Shell potentially investing in an LNG project in Argentina suggests a strategic move to expand its LNG operations. This could positively impact Shell's stock as it aligns with global energy trends and diversifies its geographical footprint.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80