The Argentine energy industry is going through a period of expansion that has not been seen for decades. In a context of increased international interest and growth expectations for the sector, the country's oil production reached its highest level in 28 years and is projected to continue to increase steadily in the coming years. As anticipated by the president and CEO of YPF, Horacio Marín, Argentina will have its historic record for oil production in 2026 and will reach 1 million barrels per day by the end of that year. Currently, domestic crude oil production stands at 878,000 barrels per day (bpd), exceeding the average of 858,000 bpd recorded in 1998, which until
now represented an all-time high.According to industry projections, the decisive leap will come when the Vaca Muerta Oil Sur (VMOS) pipeline comes into operation at the end of the year. With this new strategic infrastructure, the barrier of 1,000,000 barrels per day will be broken, which will mark a milestone for the national energy industry. YPF's forecasts go even further. The company estimates that production could far exceed 1,500,000 barrels per day by the middle of the next decade, a growth that would allow Argentina to consolidate itself as a global energy player and achieve energy exports of more than US$ 40 billion a year. If this scenario were to materialize, the energy sector would exceed the level of foreign sales registered by agribusiness last year and would contribute to long-term macroeconomic stability
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These definitions were given within the framework of CERAWeek by S&P Global, considered the largest energy convention in the world. In the continuity of the event, the Argentine delegation that arrived in Texas participated this Thursday in the meeting organized by the Argentine Petroleum and Gas Institute (IAPG) Houston, called “Breakfast Series - Energy Leadership in Action”. There, in addition to Marín, the Secretary of Energy and Mining Coordination, Daniel González, and the governors of Neuquén and Rio Negro, Rolando Figueroa and Alberto Weretilneck, spoke. During his speech, the national official stressed that “there is increasing global interest in Argentina” and stressed that the war opens up an opportunity for the country, as it is a territory far from conflict zones and with legal security, a key factor for attract energy investments
