Argentina promotes the construction of the gas pipeline from Vaca Muerta; seeks to reverse energy deficit


The Argentine Government published on Wednesday a resolution to advance in the construction of the main gas pipeline since formation Dead cowa key work to reverse the energy deficit of the country, as published in the official gazette.

The resolution of the Secretary of Energy declares the construction of the gas pipeline of national interest Nestor Kirchnerwhich will start with natural gas from Treatyén in the province of Neuquén, where Vaca Muerta is located, and will cross the provinces of Black river, The Pampa Y Buenos Airesto Santa Fe.

Once completed, the gas pipeline can be vital to alleviate the deficit public accounts of Argentinathanks to a reduction in energy imports and the fresh foreign currency that would be generated by gas exports.

“Currently the transportation capacity of the three gas pipelines that link the Neuquén basin with the large consumption centers is practically saturated,” said the Secretary of Energy, Dario Martinezin the resolution.

Due to this, “gas producers in said basin cannot and will not continue to increase their production beyond an additional five to six million cubic meters per day, precisely because of the impossibility of evacuating it.”

As reported by Reuters in December, the resolution establishes that the execution of the works will be carried out through IEASAa public company that manages projects and works of energy infrastructure.

The construction will require, in a first stage, about 18 months of work and a public investment of about 1,590 million dollars to inject 24 million cubic meters more per day of gas into the network by the winter of 2023, a source explained to Reuters. of the Government in December.



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