US businessmen dismiss report that qualifies Vaca Muerta as "impracticable"



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He landed yesterday in Neuquén,
For the first time, the Business Council of the Chamber of Commerce of
United States in Argentina (AmCham Argentina) and left the promise of
add new businesses to stimulate non-resource development
Conventional Vaca Muerta.

In dialogue with "Río Negro", the
AmCham CEO Alejandro Díaz rejected the report of the Institute
Energy Savings and Financial Analysis (IEEFA) based on
New York, who described Vaca Muerta as "unsustainable".

"It's a totally wrong vision.
Talking about the impossibility of Vaca Muerta seems to me to be a
carelessness in itself. Political uncertainty is a point
important, the vulnerability situation in Argentina
Macroeconomic is real, but it is by no means unachievable, "
stressed Diaz. #The head of the non-governmental organization led
the axis says that "the discussion goes through speed with the
that will explode and grow Vaca Muerta and there if that will depend
certain macroeconomic and political factors in terms of
stability. "

He also badured that in terms of
infrastructure and logistics "develops according to
private and public response that can be given today.

The executive led a visit
exploratory character that is part of a process to convince
independent companies in the United States that are starting
visualize the Neuquén Basin as an opportunity for your company
in the country.

"We are in the process of
construction of a space for small and medium-sized businesses
American companies. This was conceived in 2016 when the president
(Mauricio) Macri, met with former President (Barack) Obama, for
to rebuild a space for bilateral dialogue, "Díaz concluded.

More companies in Neuquén

The governor of the province, Omar
Gutiérrez, received yesterday at the Coastal Managers' Residence
American oil companies and chamber representatives
of the Anglo-Saxon country and the energy department.

One of the guests was the
representative of the Office of International Affairs of the
US Department of Energy, Kenneth Stevens.

"We are very proud because this
This is a great opportunity for our province. Each time they are more
companies that want to invest in Neuquén, we will continue as well
improve our energy engine, "said Gutiérrez.


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