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The decision of the oil companies YPF and Petronas to build a liquefied natural gas (LNG) plant in the province of Black river generated concern about the exact location of this project of investments, which will have its center in the town of Red Point.
This novelty puts the focus on Punta Colorada, the place chosen for this joint investment, which is located 332 kilometers from the capital of Río Negro and does not have a population settlementbut it is considered one of the ports with the greatest growth prospects.
The Punta Colorada area, where Río Negro plans to build the LNG plant
Punta Colorada is a coastal town that belongs to the San Antonio Department and which has mining potential and is also often visited by tourists due to the particularities of its beaches.
Likewise, its terrain is optimal for mineral exploitationsy is surrounded by the Gulf of San Matias, which facilitates the transport by sea of what is desired to be distributed locally and internationally.
The YPF and Petronas project includes an estimated investment of $30 billionand the construction of this plant will allow transform natural gas extracted from Vaca Muerta in LNG for transportation and export. This mega gas project could consolidate Punta Colorada as a strategic hub in the energy industry, Given the magnitude of the project and the prospects of supplying the gas extracted in the national territory and the possibility of trading it with other countries.
Punta Colorada is part of the Sierra Grande municipality and has a history in the mining industry of Rio Negro. Although it is a coastal place in which, according to some records, Only four inhabitants live there permanently (although they are not registered), it turned out to be the port chosen by YPF and Petronas to build their LNG plant.
Prior to choosing the location, the city of White Bay It was seen as another alternative for the project, since it was the other maritime terminal that was being analyzed.
YPF and Petronas will invest in Punta Colorada
Both companies announced the arguments for the election and listed the reasons for the decision in a specific statement detailing the virtues of the Sierra Grande area:
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