Pampa keeps $2.5bn urea plan alive as FID looms

Argentina’s Pampa Energía is advancing work on a proposed 2 million t/y urea plant but has not yet taken a final investment decision, the company said in its recent investor briefings.

The project is sized to use about 3 million cubic metres of natural gas per day and is estimated to cost $2.0–$2.5 billion. Management described ongoing front‑end engineering, EPC negotiations, environmental permitting and project‑finance structuring as the current focus.