Announcement
01 Jan 2015
On 1 January 2015, the government of Argentina announced that it will subsidize oil productiona as well as oil exports by up to USD 6 per barrel. The program is temporary and was announced to last for 12 months. It can be extended for another 12 months.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
01 Jan 2015
Revocation date:
01 Jan 2016
Last action: 01 Jan 2015
Export subsidy
In addition to this production subsidy, oil exporters shall receive USD 2 per barrel sold abroad. This export subsidy rises to USD 3 per barrel for those entities that increase the exported amount in ...
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