Petronas in Talks to Exit Argentina’s Vaca Muerta Shale ...Middle East

OILPRICE - Economy
Petronas in Talks to Exit Argentina’s Vaca Muerta Shale
source : OILPRICE ( Middle East ) () 84
Petronas has launched a process to potentially sell its interest in a Vaca Muerta joint venture which would see Malaysia’s national oil and gas firm exit the Argentinian shale region, sources with knowledge of the matter have told Bloomberg. Petronas has already held discussions with a potential buyer about a sale of its 50% stake in La Amarga Chica joint venture with Argentina’s state oil and gas firm YPF, according to one of Bloomberg’s sources.   If the sale goes through, Petronas would exit Vaca Muerta, becoming the latest…

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