Argentina’s past energy imbalance is declining quickly
Argentina has been stepping up export sales of petroleum products to Brazil, Chile, and Uruguay as its production from the Vaca Muerta oil fields surges. Output has shot up 169% year on year to 31 million cu m/d in February, pushing up total production 7.9% to 135 million cu m/d, the latest numbers from the Energy Secretariat show. The secretariat has estimated that production could double to 260 million cu m/d in 2023, meaning that it must find new markets for additional production. As part of this, Argentina…
Argentina as an investment destination in 2019
Argentina is an attractive investment destination, assisting investors throughout the investment process: analysis, decision-making, establishment, operation, and reinvestment Why invest in Argentina? It is one of the largest and wealthiest economies in Latin America: 3rd largest economy in the region with a GDP of USD 586 Bn (after Brazil and Mexico) 2nd highest GDP per capita in the region in PPP terms, following Chile (USD 22,600) 4th country in the region in terms of population (43 Mn) To assist potential…
