LatAmNRG Briefs: Bolivia Eyes Gas Exports to Paraguay, Peru

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(Energy Analytics Institute, Aaron Simonsky, 28.Jan.2019) — Heard on the street and LatAmNRG briefs on India eyeing Argentina’s Vaca Muerta formation; Argentine Energy Secretariat delays publication of important resolution; gas regasifcation ship will not return to Bahía Blanca; Argentina’s Energy Secretariat making changes; Sánchez reconfirmed as Bolivia’s Hydrocarbon Minister; Bolivia eyes exporting gas to Paraguay and Peru; and the IMF says Chilean economy to grow in 2019 and 2020.

India Eyes Argentina’s Vaca Muerta Formation

(Energy Analytics Institute, Aaron Simonsky, 28.Jan.2019) — India’s Ambassador to Argentina, Sanjiv Ranjan, said his country is seeking work in the unconventional Vaca Muerta formation despite changing headwinds in both countries to reduce the use of hydrocarbons in lieu of renewable energies.

To this end, Argentina’s President Mauricio Macri is expected to travel to India in mid-February to analyze how India and Argentina can work together in Vaca Muerta, now that Argentina has started exporting energy, reported online media Ecos Del Neuquen.

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Argentine Energy Secretariat Delays Publication Of Resolution

(Energy Analytics Institute, Aaron Simonsky, 28.Jan.2019) — Argentina’s Energy Secretary Gustavo Lopetegui stopped the publication of a resolution filtered to a number of companies last week related to adjustment of resolution 46.

Modification of resoluion could result in judgments to the state for $2,500 million, reported online media Econo Journal Argentina.

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Gas Regasifcation Ship Will Not Return To Bahía Blanca

(Energy Analytics Institute, Aaron Simonsky, 28.Jan.2019) — The natural gas regasification ship once anchored in the port of Bahía Blanca will not return to Argentina, while the ship at Escobar will continue in the South America country, reported online media El Diario.

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Argentina’s Energy Secretary Reportedly Making Changes

(Energy Analytics Institute, Aaron Simonsky, 23.Jan.2019) — Alejandro Sruoga will leave the power ministry to assume a board position with the Binational Entity of Yacyretá (EBY). His replacement will be Juan Garade, reported online media Econo Journal Argentina. Additionally, Carlos Casares will be appointed as Hydrocarbons Undersecretary, reported the media.

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Sánchez Reconfirmed as Bolivia’s Hydrocarbon Minister

(Energy Analytics Institute, Ian Silverman, 28.Jan.2019) — Bolivia reaffirms Luis Alberto Sánchez as the country’s Hydrocarbon Minister, effective January 23, 2019, reported online media El Diario.

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Bolivia Eyes Exporting Gas to Paraguay And Peru

(Energy Analytics Institute, Ian Silverman, 28.Jan.2019) — Land-locked Bolivia is eyeing exports of its natural gas to Paraguay and Peru, reported online media El Diario, citing Bolivia’s Hydrocarbon Minister Luis Alberto Sánchez.

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The IMF Says Chilean Economy To Grow In 2019 And 2020

(Energy Analytics Institute, Aaron Simonsky, 28.Jan.2019) — The International Monetary Fund projects the Chilean economy will grow 3.4% in 2019 and then 3.2% in 2020.

The IMF also projects GDP growth in 2019 of 3.8% in Peru,; 3.2% in Colombia; 2.1% in Mexico; 2.5% in Brazil, while in Argentina the economy is expected to contract 1.7%.

“Growth in Chile will remain solid in 2019-2020 thanks to the strength of private consumption and the dynamism of investment,” reported online media Emol, citing an IMF report.

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© Energy Analytics Institute (EAI)

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