Provincial Law No. 3454, enacted in 2024, establishes the Climate Action Regime of Neuquén, an instrument that promotes development with minimal GHG emissions and strengthens the institutional capacities of the State.
The national government confirmed the awarding of the contract to Transportadora de Gas del Sur for the works that will add 14 million cubic meters per day of capacity, with an estimated investment of $700 million. This initiative will boost production in the Neuquén gas field and reduce fuel imports by more than $700 million annually.
Negotiations are progressing toward a possible conclusion during the ADIPEC trade fair in Abu Dhabi, scheduled to begin next Monday. The entry of both companies would aim to strengthen the consortium with financing.
A syndicated loan with banks in the Americas, the US, and Asia supports operations in Vaca Muerta and strengthens the oil company's position in a context of recovering prices.
The governors of Chubut and Santa Cruz are leading talks with national officials to seek tax incentives that would revive the oil industry and create jobs in regions hit by declining production
