Argentina’s market deregulation efforts are expected to raise the energy investments in the country by about $2.5 billion to $15 billion next year.In the first nine months of the Milei administration, the energy sector saw the highest oil production in 15 years in the first half of 2024, as well as the highest natural gas output in 17 years over the same period.Argentina is also moving a step closer to exporting LNG and monetizing its huge resource in the Vaca Muerta after maritime LNG infrastructure firm Golar LNG signed a 20-year deal with Pan American Energy (PAE) for the deployment of a Floating Liquefied Natural Gas (FLNG) vessel in Argentina.
September 11, 2024
SOURCE: OIL PRICE
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Argentina Expects Deregulation to Boost Energy Investment to $15 Billion in 2025