Energy

Milei Spurns Argentine Billionaire as Indian Firm Wins Pipeline Bid

Pipes are stacked for a pipeline while under construction on the Vaca Muerta shale deposit.Photographer: Sarah Pabst/Bloomberg

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By Patrick Gillespie and Jonathan Gilbert

January 27, 2026 at 4:35 PM UTC

Lea en español

A flagship pipeline project championed by Javier Milei’s administration chose a foreign supplier over a local giant run by one of Argentina’s richest men in a test of the president’s free-market vision to open up a protectionist economy.