Argentina is on track to significantly increase its foreign exchange earnings and bolster the Central Bank’s reserves in 2024, thanks to its energy sector.Now, it’s projected to achieve a $4 billion surplus, marking a 20-year high.This jump is tied to higher production in Vaca Muerta’s unconventional oil fields, despite earlier transport limits.The boost comes also from soaring oil exports and reduced LNG and diesel imports.
April 8, 2024
SOURCE: RIO TIMES
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