Another step for more gas in Chile

The novelty came after the authorization of non-interruptible (firm) exports effective September 15. Until now, these investments were interruptible, if necessary.

Gutierrez made this announcement yesterday among the issues that fly over Vaca Muerta because of the necessity and urgency of Decree 566/19 which sets a ceiling for oil and an exchange rate of $ 45.19 for the sector oil tanker that jeopardizes investments in the Neuquén Basin.

In this sense, the president of the province stated that the measures taken by the national government to tackle the economic crisis that is going through the Argentine economy must be "a parenthesis" and not structural changes that affect not only the provincial autonomies, but also the exploitation of natural resources. Neuquinos.

"We must move and give again to defend the development of Vaca Muerta, an industry that works," said the governor yesterday at noon, announcing the visit of the Chilean government to Neuquén.

Gutierrez participated Tuesday in Buenos Aires in the demonstration of operators and producing provinces against Lopetegui; Minister of the Interior Rogelio Frigerio; and the new Minister of Finance, Hernán Lacunza. Neuquén also addressed the Supreme Court of Justice of the nation with an amparo and a claim of unconstitutionality of the DNU amending the rules of the industry, what the nation did to curb the price of essence. "Without a doubt, the acquired rights and the autonomy of the province are disrupted and violated," Gutierrez said of the measure. Neuquén showed that he agreed to stop the gasoline, but not at the cost of affecting the development of the historical opportunity that this implies for the country Vaca Muerta.

With respect to gas, this is the other alternative to project shale oil on a new scale. In a context as before PASO, operators have explored the possibility of exporting it via liquefied natural gas by ships in the medium term.

More reviews on the raw DNU

Gutierrez estimated that the measure announced by the national government that freezes the price of oil not only affects an industry that has proven its effectiveness, but also a decision that has an unfair impact on different sectors of the economy and on the economy. Provincial production matrices "The decree has generated very significant transfers to certain sectors of the economy such as mining, mechanics, metallurgy and the countryside," he said. He indicated that they benefited from this, as an important feature of their cost structure, namely transportation, has the advantage of freezing the price of diesel. "The macroeconomic situation is very complex, with a distribution of burdens and costs between different sectors of the economy," said Gutierrez.

The figures

• 10 million cubic meters of gas per day

This is the volume that can be placed on the other side of the mountain range. This is the total for all provinces. The conditions of sale will be from September 15 to May 15, 2020.

• 17.5 million cubic meters of daily production

This is the production peak reached by the region of Fortín de Piedra (Tecpetrol). It is the one that produces the most in the country, after an investment of about 1850 million dollars.

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