Argentina’s government has sent a bill to its congress to support the exploration and production of hydrocarbons in Argentina over the next 20 years.

Vaca Muerta

One of the key elements of the bill is that the “process of energy transition involves primarily the general adoption of natural gas in the energy matrix.”

The bill includes price stabilization mechanisms, and guarantees that volumes produced for export will see preferential tax rates and access to capital markets. This would be in addition to current incentive programs in the sector.

“The mandate of the president and vice president is very clear and is to generate a legislative tool that allows us to first ensure self-sufficiency of hydrocarbons and then to go for an increase in production that allows us to generate...