Overview
- Compañía Mega submitted a $360 million investment plan to Argentina’s Economy Ministry for RIGI qualification to expand separation, transport and fractionation of natural gas liquids linked to Vaca Muerta.
- The works are scheduled for 2026–2028 across four provinces, adding new pumping stations in General Roca and La Adela with upgrades at Loma La Lata and the Bahía Blanca fractionator.
- The project targets more than 500,000 additional tonnes of NGLs per year, lifting output about 27%, with roughly 80% of the increment for export and the remainder feeding domestic ethane demand.
- Upon completion, total NGL capacity would exceed 2.5 million tonnes annually, leveraging the country’s only dedicated NGL poliduct connecting the Neuquina Basin to Bahía Blanca.
- This phase fits into Mega’s 2023–2028 expansion totaling about $650 million, is expected to peak at around 600 construction jobs, and comes as peers unveil large midstream plans such as TGS’s proposal.