President Javier Milei's economic reform bill in Argentina is expected to trigger investments in the energy sector, with a focus on midstream hydrocarbons infrastructure projects. The bill includes the Rigi investment-promotion regime, offering tax benefits and exchange control exceptions for large projects carried out by special purpose vehicles enforceable by international arbitration. This move is seen as a positive step by the market, although concerns remain about the regime's discretion and limited scope. Key companies like YPF and TGS have significant projects in the pipeline, targeting LNG, natural gas liquids, and oil and gas transportation. The bill also aims to spur large-scale investment in infrastructure, emphasizing private financing and exports to drive national productive development. In the context of the Vaca Muerta formation, LNG projects, including a partnership between YPF and Petronas, are set to expand export capacity from 1-2Mt/y to 25-30Mt/y by the early 2030s. Rigi is expected to play a crucial role in anchoring large-scale export contracts and providing security to off-takers. Despite challenges in the global LNG market, Rigi incentivizes export-focused infrastructure and development projects in Argentina. Although demand from Chile may trend down due to decarbonization efforts, Brazil remains a potential major offtaker for Argentine gas, with preliminary talks held for potential exports via Bolivian infrastructure.