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During the business trip, Eni's CEO also met with YPF President and CEO Horacio Marin. Descalzi and Marin signed a preliminary agreement to reach the FID for the Argentina LNG project.
Buenos Aires (Argentina), 10 October 2025 – The President of the Republic of Argentina, Javier Milei, met with Eni's CEO, Claudio Descalzi, today in Buenos Aires to discuss Eni's projects in the country and possible future initiatives.
Following the meeting, Eni's CEO and YPF President and CEO, Horacio Marin, signed the Final Technical Project Description (FTPD), an important step toward reaching the Final Investment Decision for a 12 MTPA liquefied natural gas (LNG) phase of the integrated upstream-midstream Argentina LNG (ARGLNG) project. The project involves the production, processing, transportation, and liquefaction of gas for export through two floating gas liquefaction units (FLNG) with a capacity of 6 MTPA (million tons per year, equivalent to approximately 9 billion cubic meters of gas per year) each, in addition to the valorisation and export of associated liquids.
