Pipeline with refinery in the background (© Shutterstock/Kodda)A subsidiary of Argentine natural gas transporter TGN has been renamed Gasoducto Manuel Belgrano, establishing it as a special purpose vehicle (SPV) to advance the $1.5 billion Tratayén-La Carlota gas pipeline project under the nation’s RIGI investment incentive regime. The SPV was created to manage the construction, operation, and maintenance of the 750-kilometer (466-mile) high-pressure pipeline system. Running between Tratayén in Neuquén province and La Carlota in Córdoba province, the project is designed to expand transport capacity for natural gas originating from the vast Vaca Muerta shale formation to supply northern provinces. The pipeline is designed to deliver a baseline capacity of 13 million cubic meters per day (Mm³/d) to the La Carlota node by late 2028. TGN Chief Executive Horacio Pizarro previously stated that the project requires securing 13 to 15 Mm³/d in firm initial demand to proceed.