Overview
- The extension, issued by Decree 698/2025 in the Boletín Oficial, bears the signatures of President Javier Milei and Economy Minister Luis Caputo.
- It takes effect on November 6, 2027 and covers a roughly 3,000 km network spanning Neuquén, Mendoza, San Luis, Córdoba, Santa Fe and Buenos Aires, including key oil and multi-product ducts.
- The government approved YPF’s USD 364.3 million plan for the 2027–2037 period focused on capacity expansion, operational safety upgrades, valve automation, cathodic protection and in-line inspection technology.
- YPF must complete USD 278.1 million in preparatory works during 2025–2027 and file semiannual progress reports to the National Directorate of Transport and Infrastructure under the Liquid Fuels Subsecretariat.
- The decree sets 60 days to initiate servitude procedures and 180 days for provincial registry filings, requires compliance with environmental, safety and open-access rules, and warns that breaches may trigger concession caducity.