YPF to invest $2.7 bn to increase oil and gas production

Over the course of 2021, YPF will invest $2.7 billion in all its activities, more than $1.1 billion more than it spent last year, which was marked by the COVID-19 pandemic.The investment is possible thanks to the agreement the firm reached over the weekend to restructure part of its debt, allowing it to focus its efforts on increasing oil and gas production, especially in the Vaca Muerta formation.

Source: El Cronista