Global Trade Alert
Global Trade Alert

Argentina: Government launches new energy program to promote local gas production

Announcement

18 May 2016

The "Program to Stimulate New Natural Gas Projects" launched by the Argentinian Government focuses on subsidizing the price of natural gas in the internal market, establishing a stimulus price of 7.5 USD/MBTU.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

19 May 2016

Revocation date:

31 Dec 2018

Announced: 18 May 2016
Production subsidy
The Resolution 74/2016 that entered into force on May 19, 2016, created a new incentive program to invest in new projects concerning the exploration and exploitation of the Argentinian natural gas res...
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