(Reuters, 8.Apr.2022) — Argentina’s new deal with Bolivia to up natural gas imports will bring savings of $769 million in foreign-exchange reserves and replace 14 vessels of increasingly expensive liquefied natural gas (LNG), Energy Secretary Dario Martinez said on Friday. Argentine President Alberto Fernandez and his Bolivian counterpart Luis Arce […]
Tag: Dario Martinez
NRGBriefs: Argentina’s Oil Production Reaches 571,000 b/d in Feb. 2022
(Energy Analytics Institute, 21.Mar.2022) — Energy briefs including Argentina’s oil production rising in Feb. 2022 to 571,000 b/d, its highest mark since Dec. 2011; and NeuquĂ©n Province’s Governor Omar GutiĂ©rrez participating in the official inauguration of the Argentina Oil & Gas (AOG2022) event in Buenos Aires. LATIN AMERICA AND THE […]
Argentina to Attack Inflation While Pursuing Gas Opportunities
(Energy Analytics Institute, 9.Mar.2022) — Argentina’s economy grew around 10.3% in 2021 but one of the country’s primary headwinds relates to taming inflation, the country’s Economic Minister MartĂn Guzmán said from Houston, Texas. “The principal objective of the macroeconomic policy is to attack inflation in an economy that is recovering […]
NRGBriefs: Argentina’s Energy Secretariat and ENARGAS Talk Energy
(Energy Analytics Institute, 27.Jan.2022) — Energy briefs including Argentina’s Energy Secretariat DarĂo MartĂnez chatting w/ ENARGAS’ Federico Bernal Hermitte to discuss actions necessary to strengthen the energy sector; and the Bristow Group’s plans to reveal fiscal 3Q results on 3 Feb. 2022. LATIN AMERICA AND THE CARIBBEAN Argentina — Argentina’s […]
NRGBriefs: Argentina Asks Users to Reduce Energy Demand
(Energy Analytics Institute, 14.Jan.2022) — Energy briefs including Argentina’s Energy Secretariat DarĂo MartĂnez asking users to reduce their energy demand during peak hours; and Acipet denouncing the kidnapping of engineer Diego Fernando Lozano in Norte de Santander Bogotá. LATIN AMERICA AND THE CARIBBEAN Argentina — High temperatures and high energy […]
NRGBriefs: Argentine Power Outage
(Energy Analytics Institute, 11.Jan.2022) — Energy briefs including Argentina’s Energy Secretariat DarĂo MartĂnez inspecting facilities in Buenos Aires in an attempt to restore electric power service to parts of the city amid a roaring heat wave; and Ecuador receiving its first import of liquefied natural gas from Sycar LLC. LATIN […]
Argentina’s Energy Secretariat Martinez Comments on Offshore Exploration
(Energy Analytics Institute, 9.Jan.2022) — Argentina’s government approved in late December 2021 an environmental license for state owned YPF together with Equinor and Shell to move forward with seismic activities offshore in the CAN 100 block. Argentina’s Energy Secretariat DarĂo MartĂnez commented on the news amid protests across Argentina against […]
Six Companies Selected to Export Argentine Gas to Chile
(Energy Analytics Institute, 28.Dec.2021) — Argentina’s Energy Secretariat authorized six companies — YPF, Total, PAE, Vista, Pampa and Tecpetrol — to carryout gas exports from the NeuquĂ©n basin to Chile between January to April 2022. “More exports means more production, more work, more activity and more foreign exchange income,” Argentina’s […]
NRGBriefs: Ecopetrol Sends First Carbon-Neutral Cargo to PetroChina
(Energy Analytics Institute, 28.Dec.2021) — Energy briefs including Colombia’s state-controlled Ecopetrol agreeing to ship 1 MMbbls of Castilla blend oil to PetroChina for delivery in Feb. 2022; Venezuela’s opposition lawmakers voting to for the continuity of the National Assembly and its leader Juan GuaidĂł; and more. LATIN AMERICA AND THE […]
Argentina President Set to Decree $1.6bn Vaca Muerta Gas Pipeline
(Reuters, 21.Dec.2021) — Argentina’s President Alberto Fernandez will sign a decree in the next few weeks to push forward construction of a major new gas pipeline system in the country’s huge Vaca Muerta shale formation, a government source told Reuters, a key move to boost gas exports. The timeline and […]
LatAm Briefs: Argentine Output, Colombian Renewables
(Energy Analytics Institute, 22.Jul.2021) — Energy briefs from the Latin America and Caribbean region including: daily production details from Argentina’s NeuquĂ©n region to 13 renewable projects identified by Colombia’s Ecopetrol and more. Argentina — Daily production in Argentina’s NeuquĂ©n region reached a record 193,000 barrels per day, the highest volume […]
Argentina Prioritizing Oil Sector Legislation
(S&P Global, 15.Apr.2021) — Argentina’s government is making advances on drafting a bill to provide incentives for ramping up the country’s oil and natural gas production and exports, while more immediately seeking an agreement to end a protest stymieing activity in the Vaca Muerta shale play, Energy Secretary Dario Martinez […]
Argentina’s Escobar Terminal To Reopen
(S&P Global Platts, 1.Feb.2021) — A federal judge in Argentina has lifted a more than three-month suspension of the country’s only floating storage and regasification unit (FSRU) after the government warned of natural gas shortages if LNG imports were hindered. The FSRU, which is docked in Escobar, a district up […]
Argentine And Bolivian Energy Ministers Discuss Gas
(Energy Analytics Institute, 11.Dec.2020) — Bolivia’s Hydrocarbons and Energy Minister Franklin Molina Ortiz held a virtual meeting with Argentina’s Energy Secretariat DarĂo MartĂnez to discuss issues related to a common energy agenda between both countries. The aim of the discussion was to strengthen ties based on the economic reactivation of […]
Argentina Draws 16 Bids For Subsidized Gas Supply
(Argus, 3.Dec.2020) — Argentina received bids from 16 companies in a path-breaking auction to supply more than 70mn m3/d of natural gas at subsidized wellhead prices for power generation in 2021-24. The bids ranged from $2.40/mn Btu to $3.66/mn Btu, coming in below the maximum price of $3.70/mn Btu. Bids […]
Fernandez Announces Details Of Gas Plan 4
(Energy Analytics Institute, 15.Oct.2020) — Argentina’s President Alberto Fernández announced details of the country’s Gas Plan 4 during a visit to the Vaca Muerta formation. The gas plan aims to replace a good part of imported liquids with national gas production, generating estimated savings of $2.574bn over its four years […]
Argentina Puts Priority On Boosting Oil, Gas Exports
(S&P Global Platts, 28.Aug.2020) — Argentina’s new energy secretary Dario Martinez plans to promote oil and natural gas production with a view to increasing exports as part of a strategy to pull the economy out of one of its worst crises on record, he said Aug. 27. Martinez, who took […]