Exxon will start exporting natural gas from the massive Vaca Muerta shale play in Argentina to Chile, local media reported . This will make the world’s top oil company the first to commercialize the reserves of the formation that Argentina is eager to exploit to improve its energy security. Exxon has sealed an energy swap deal with Chilean Innergy, according to which the supermajor will feed up to 1.06 million cu ft of gas daily from the province of Neuquen into the Pacifico pipeline, which will carry it to the Pemuco regasification plant. The gas will then be sent to the Mendoza province in Argentina. The deal, for the period until end-May next year, will see Exxon export a total 31.8 million cu ft of Vaca Muerta gas, unless an energy emergency requires diverting the shipments to local destinations. Exxon is among the biggest investors in the Vaca Muerta […]