Argentina’s energy trade surplus could reach $11 billion by 2026. YPF CEO Horacio Marín announced the projection at the Latam Economic Forum in Buenos Aires.

Surging oil and gas production from the Vaca Muerta shale formation drives this forecast. The region transformed Argentina from a net energy importer into an exporter.

Argentina recorded a record energy surplus of $7.8 billion in 2025. YPF plans to increase investment and production in the region. The company will dedicate future output from new developments entirely to exports.