Pampa Energia says Economy Ministry approves RIGI status for USD 4.52 billion Vaca Muerta RDA project

• Pampa Energia won Economy Ministry clearance for RIGI incentives for its RDA shale project in Vaca Muerta, tagged a long-term strategic export venture.
• Project targets development of the Rincón de Aranda block; existing wells are excluded, with RIGI benefits limited to new wells drilled post-filing.
• Total investment is estimated at USD 4.52 billion, with execution scheduled through 2041.
• Plan includes 259 horizontal wells, a 45,000 bbl/d crude treatment plant, 800,000 m3/d gas capacity, pipeline buildout.
• All crude output is slated for export, with lifetime export revenues projected at about USD 17 billion.

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