Argentina is currently engaged in a debate over the Régimen de Incentivo para Grandes Inversiones (RIGI) policy in the Senate. The RIGI policy aims to provide benefits to investors in order to promote gas development in the country. The chairman of Yacimientos Petrolíferos Fiscales (YPF), Argentina's state-owned oil company, argues that without the RIGI policy, there will be no development of Liquified Natural Gas (LNG) in Argentina. YPF has a joint venture with Petronas, a Malaysian oil and gas company, with the goal of developing and exporting LNG. The President of Argentina, Javier Milei, is pushing for the passage of the RIGI bill in Congress as part of his efforts to attract investments and boost energy development in the country. The government sees the RIGI policy as a way to showcase the success of Milei's development model. The debate over the RIGI policy takes place in the context of broader discussions about energy development in Latin America, with countries like Brazil, Peru, and Mexico also facing challenges in their oil and gas sectors. Argentina, particularly the Vaca Muerta shale formation, is seeking to attract investments and accelerate its energy development [44594555].