RIO NEGRO, ARGENTINA (Camilo Ciruzzi, Energy Analytics Institute, 9.Mar.2025) — Argentina’s energy sector is poised to become a major driver of economic growth in the coming years. The South American country is expected to see a strong rise in crude oil and natural gas exports while progressively reducing its reliance on imported fuels.
Official projections indicate fuel exports will increase to $36.7bn by 2030 compared to $10.4bn in 2024, significantly improving the country’s trade balance. Macroeconomic indicators project a steady increase in total Argentine exports to $143.8bn in 2030 compared to $89.5bn in 2024.
