The government said the elimination of export duties aims to preserve activity in mature basins, provide investment certainty, and protect jobs in the sector

The transfer is part of Project Andes, under which YPF seeks to divest mature assets to focus on Vaca Muerta. The areas involved are Los Chorrillos, Lago Fuego, and Tierra del Fuego Fracción A, B, C, D, and E

Argentina’s state-controlled oil company YPF expects to complete its divestment from mature conventional production fields by the third quarter of 2025, CEO Horacio Marín said