In the United States, Dujovne seeks $ 30,000 million in investment and brings peace to oil companies: "We remain optimistic"

Nicolás Dujovne I arrived this morning in Texas with an optimistic message, promises and a specific investment order from the oil and gas industry who were looking forward to receiving a clearer picture from the Minister of Finance. of the direction that the Argentine economy takes in the turbulent start of the Argentine economy. election year. A figure resonated among businessmen: investment opportunities in the country for the next few years amount to about 30 000 million dollars.

After a week of strong currencies and a test at the polls very dear to their interests, what the businessmen listened a little quieted the worried, but this did not remove all doubts. The result of October remains on the horizon as the main source of concern. "This is the first question entrepreneurs have asked him," he said in a statement. out of the record an industry expert who attended a meeting with the Minister of Mauricio Macri.

With the Secretary of Energy, Gustavo LopeteguiAt a luncheon hosted by the headquarters of the Argentine Institute of Oil and Gas (IAPG) in Houston, Mr Dujovne pointed out that the investment opportunities in Argentina were good. On a giant screen, the Minister of Finance has projected a table detailing the infrastructure needed to accelerate the development of Vaca Muerta under the title "What can we do together".

"Our central message is that we remain very optimistic about the future of Argentina," said the minister to about 120 businessmen, representatives of major corporations and investors gathered in a chamber of commerce. the DoubleTree Hotel in Houston. He summarized the measures taken by the government to stabilize the economy and acknowledged that 2018 "was a difficult year for many families and businesses".

Dujovne said, however, that the basics were "grow in a sustainable way and be able to develop all our potential". In another section, he notes that the Macri government is "absolutely committed to the tax reduction program", as he might know Infobae.

The Argentine Minister has long reviewed his management at the head of the Argentine economy in which he has not spared criticism regarding the legacy received from Kirchnerism. Under the arm also brought the first election result of the year, which was well received by the Texas-based company. The governor's triumph yesterday Omar Gutiérrez (NPP) in Neuquén guaranteed the continuity of Vaca Muerta's operating contracts. This is not something minor. The news relieved them as much as the government.

Lopetegui discussed investment opportunities in the Argentine energy sector in the coming years, in infrastructure, electricity and renewables, as well as access to new markets, said a press release distributed at the end of the meeting. According to the secretary, Argentina will start exporting light oil this year and gas exports will rise sharply after 2019.

"The success we are seeing in Vaca Muerta, which already accounts for 20% of oil production and 40% of gas production, is only the tip of the iceberg," said the secretary. to Energy. The manager pointed out that the sector's opportunities would represent around 30,000 million dollars over the next few years (10,000 million of infrastructures, 8,200 of electricity, 12,000 of renewable energy and 3,000 access to new markets).

The next step, Lopetegui said, is investing in infrastructure. In August, a new gas pipeline was launched to connect Vaca Muerta to Buenos Aires and the Port of Buenos Aires. This investment will require approximately $ 1,500 million.

That of Houston is the first of two scales in Dujovne and Lopetegui's trip to the United States. Tomorrow, officials will meet with the US Secretary of Energy, Rick Perryand CERAWeek 2019 meetings with representatives of some of the world's leading players in the oil sector, such as Chevron, Shell, Total and Petronas, among others, before leaving for Washington DC.

Already in this capital, Dujovne will meet Wednesday the Secretary of the US Treasury, Steven Mnuchinand with the president of the IDB, Luis Alberto Moreno.

A day later, he will hold meetings with his Managing Director of the International Monetary Fund to list only the "protocols". Christine Lagarde and David MalpbadDeputy Secretary of the US Treasury and nominated Donald Trump as President of the World Bank.