The Argentine Government has approved a $500m private sector initiative to enhance the gas pipeline system to connect with the Vaca Muerta shale region. The proposed expansion by TGS aims to increase the pipeline’s capacity from Vaca Muerta to Buenos Aires province. TGS has outlined a proposal to install six compressor tube sets across four plants, contingent on winning the tender.The government will oversee the tender for the project. This move signals a substantial shift towards encouraging private investment in the country’s energy infrastructure, which has historically been state-led.
December 3, 2024
SOURCE: ALL ISRAEL