Repsol YPF Starts Expansion

Spanish-Argentine energy giant Repsol YPF will invest $100 million to expand its gas pipeline system in northern Argentina. The project will be partially financed with $110 million provided by TGN, Brazilian development bank BNDES, and Argentina’s Banco Nacion. Repsol YPF says the expansion will benefit Salta and Tucuman provinces in northwestern Argentina, and Cordoba in the country’s center.