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LatinNews Daily - 19 July 2017
In brief: Argentina, Chile
Argentina: Argentina’s state-owned oil firm Yacimientos Petrolíferos Fiscales (YPF), Pan American Energy (PAE, a unit of British energy firm BP), Total Austral (a subsidiary of French multinational oil firm Total SA), and Wintershall Energía SA (a subsidiary of Germany’s active oil and gas producer Wintershall), have announced a US$1.15bn joint investment to increase shale gas production in the Vaca Muerta deposit located in the eastern province of Neuquén. The partners have already invested some US$500m in the Vaca Muerta venture since 2014.
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- In brief: Argentina, Chile