Argentina’s Energy Secretary Dario Martínez spoke virtually with Brazil Energy Minister Bento Albuquerque on Tuesday to discuss further energy integration between the two countries.

Part of the discussion revolved around a natural gas scheme to boost production in Argentina set to be announced “soon” that could benefit Brazil gas consumers, according to a statement from the Argentine energy secretariat.

The proposed tender system in Argentina would consist of a four-year block auction mechanism, which would differentiate offers for the peak winter season and the rest of the year. Incentivized prices for gas companies would be set at around $3.40/MMBtu.

Argentina is attempting to revitalize the Vaca Muerta shale play, which has seen a significant downturn since the new...