#Hydrocarbons Law

Mendoza's Senate approved the new law with 31 votes in favor and two against
Mendoza Legislature

Mendoza Passes a New Hydrocarbons Law That Sets a 15% Reference Royalty and Adds the Unconventional Concession for Vaca Muerta

The Senate passed into law, without changes, the bill the Chamber of Deputies had approved in October. The law will replace Law 7526, in force since 2006, and sets rules for mature conventional areas and for Mendoza's portion of Vaca Muerta. Governor Alfredo Cornejo had announced that the bill would be sent to the Legislature at the Mendoza Energy Summit