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Business
Dow And YPF Move On Argentine Shale
by Alexander H. Tullo
September 30, 2013
| A version of this story appeared in
Volume 91, Issue 39
Dow Chemical and Argentine oil firm YPF are moving forward with plans to develop shale gas resources in Argentina’s hydrocarbon-rich Vaca Muerta region (C&EN, April 8, page 7). Dow will invest $120 million and YPF will spend $68 million on the project. The partners will initially extract gas from 16 wells, with production potentially reaching 3 million m3 per day. The companies are also looking to expand petrochemical development in the country. Dow operates a gas-fed ethylene cracker in Bahia Blanca, Argentina.
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