Argentina and the United States are due to sign a bilateral agreement for infrastructure investment intended to support exports of critical minerals, raw materials and energy. The agreement will be represented by Argentina’s foreign minister Pablo Quirno and US undersecretary of state Chris Landau at a forum in New York.
A bilateral agreement centred on Argentina LNG
The primary aim of the agreement is described as securing USD 6,000 million for Argentina LNG, a multinational project involving YPF, Italy’s ENI and the United Arab Emirates’ XRG. The initiative is linked to infrastructure that would allow a steady flow of mineral, commodity and energy exports. The project has the largest RIGI presented so far, valued at USD 51,000 million. RIGI is therefore part of the project’s investment framework, while the bilateral agreement is the mechanism being used to announce and support financing linked to it.
How the financing is expected to work
The proposed financing would be backed by the United States Export-Import Bank, known as Exim Bank, together with private investors. This points to a public-backed financing arrangement rather than a procurement notice inviting suppliers to submit competing bids. The source does not set out tender documents, award criteria, a supplier selection process or contract terms. For businesses, the transferable feature is the division between the infrastructure project itself and the financing support: a state-backed export credit institution and private capital may help fund a multinational project without the announcement itself constituting a public tender.
The agreement’s strategic supply-chain purpose
The agreement will be announced at a forum on supply chains, energy and infrastructure at Argentina’s consulate in New York. The source places the investment in a wider effort by the United States to secure resources and supply chains, following disruption to energy transport through the Strait of Hormuz and Bab al-Mandab. Argentina is presented as a strategic partner because of its reserves of energy and critical minerals. Donald Trump also called for control of energy pipelines, rare-earth elements and agricultural trade corridors, while Javier Milei linked economic stability with developing critical resources.
| Fact | Detail |
|---|---|
| Agreement parties | Argentina and the United States |
| Proposed financing | USD 6,000 million |
| Main project | Argentina LNG |
| Project partners | YPF, ENI and XRG |
| Investment framework | RIGI valued at USD 51,000 million |
| Financing support | Exim Bank and private investors |
| Announcement venue | The Argentine Consulate in New York |
The primary aim of the agreement is described as securing USD 6,000 million for Argentina LNG.
WHY IT MATTERS
The arrangement illustrates how public procurement activity can sit alongside export-credit finance and private investment. The announcement concerns support for a major infrastructure and energy project, but the source does not describe a competitive tender or confirm that contracts have been awarded.
Reported from infobae.com, 2026-09-22. The Tender Wire is published by Otnox.
