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RIGI

The oil, gas and LNG projects that have entered (or applied to enter) the Large Investment Incentive Regime: approved, under review and announced.

US$ 41,906 Min 6 approved projects in the sector
US$ 1,533 Min projects under review (5)
US$ 56,000 Mapproved in the RIGI in total, all sectors (1-Oct-2026)

Approved

ProjectCompanyProvinciaUS$ millionStatus
Southern Energy (floating LNG)Two liquefaction vessels (Hilli Episeyo and MKII), about 6 MTPA. First LNG in late 2027.Southern Energy: PAE, YPF, Pampa, Harbour and GolarRío Negro (Gulf of San Matías)15.156Approved
Bajo del Choique – La InvernadaMore than 620 wells and 4 treatment plants; more than 100,000 barrels per day of oil. 25 years.Pluspetrol and GyPNeuquén12.400Approved · oct 2026
Los Toldos II Este70,000 barrels per day; central plant, pipelines and about 380 wells in three stages through 2054.TecpetrolNeuquén6.400Approved · 9 oct 2026
Rincón de ArandaAbout 260 wells; target of 45,000 barrels per day.Pampa EnergíaNeuquén4.500Approved
VMOS (Vaca Muerta Oil Sur)Allen – Punta Colorada oil pipeline and export terminal: 550,000 barrels per day in 2027.Consortium led by YPFRío Negro2.900Approved
Perito Moreno Pipeline ExpansionThree compressor plants in La Pampa: from 21 to 35 MMm³/d. Operation in April 2027.TGSNeuquén, La Pampa and Buenos Aires550Approved · may 2026

Under review

ProjectCompanyProvinciaUS$ millionStatus
Dedicated pipeline for LNG exportTakes Vaca Muerta gas to the liquefaction vessels in the Gulf of San Matías.Pan American EnergyNeuquén and Río Negro1.300Under review
Arenas de CercaníasFrac sand near Vaca Muerta.Minera del Mojotoro and Minera OrosmayoRío Negro233Under review
Duplicar Norte207 km of oil pipeline from northern Vaca Muerta to Allen.OldelvalNeuquén and Río Negro—Under review
MEGA expansionSeparation and fractionation of gas liquids (ethane, propane, butane, gasoline).Compañía MEGANeuquén and Buenos Aires—Under review
LLL Oil, Loma Jarillosa Este, Bandurria Norte and El TrapialVaca Muerta oil developments awaiting approval.YPF, Chevron and othersNeuquén—Under review

Announced

ProjectCompanyProvinciaUS$ millionStatus
Cerro DragónIt would be the first conventional project in the RIGI.Pan American EnergyChubut1.200Announced
Argentina LNGLiquefaction vessels of 6 MTPA each; final investment decision expected for November 2026.YPF and EniRío Negro—Announced

What the RIGI is

  • The Large Investment Incentive Regime was created by the Bases Law (27,742) in 2024 for projects of more than US$ 200 million (with higher minimums for some sectors).
  • It provides 30 years of stability in tax, customs and foreign exchange: 25% income tax, accelerated depreciation, exemption from import and export duties and increasing free availability of export proceeds.
  • Projects that export over the long term can qualify as a Long-Term Strategic Export Project, with additional benefits.
  • It requires a minimum percentage of purchases from local suppliers (for example, 20% of the investment in the Perito Moreno expansion) and a committed investment schedule.
  • In February 2026 the Government extended the deadline to join by one year. As of October 1, 2026 there were about US$ 56,000 million approved and about US$ 150,000 million under review.

Amounts are based on the resolutions and published information; they may differ between sources and between total investment and the portion that falls under the regime. "Under review" reflects the latest public data; some projects may have been approved since.

Fuentes

Updated as of October 9, 2026. Anything to correct or add? Write to us.