‘Dead cow’ awakens as pipelines revive Argentina’s shale hopes

[carride]

“It’s a race against time since June 20 falls early in Argentina’s winter, when gas demand jumps. The government, betting that the pipeline will be finished on schedule, has ordered just 30 liquefied natural gas cargoes for the coming months, 11 fewer than last year. Any delay that forces extra imports would eat into precious government funds, which would be an embarrassing misstep after officials used LNG savings for a sovereign bond buyback.”

‘Dead Cow’ Awakens as Pipelines Revive Argentina’s Shale Hopes

Oil and gas from the Vaca Muerta formation has been limited by bottlenecks

www.bloomberg.com

republished without a paywall at batimes

‘Dead cow’ awakens as pipelines revive shale hopes

Argentina’s energy industry has seen its fair share of false dawns, but the construction of a pipeline is an irrefutable step towards cutting the country's dependency on fuel imports.

www.batimes.com.ar

 

[sts7049]

this pipeline will be a good thing but Vaca Muerta won't realize it's potential until the government stops manipulating markets and the currency

 

[Chip22]

Huge potential in Vaca Muerta but the economic uncertainty and government intervention caused many companies to stay away from it

 

[Rich One]

Potential will always be there BUT... Shale oil/gas is more expensive than conventional...! Plus the government regulations on repatriation of utilities, Price controls, etc. makes it less attractive for investors.

 

[lunar]

I strongly believe that they should rebrand and choose a powerful name. Who would want to invest in something called "the Dead Cow"?

 

[sts7049]

i can assure you that the name isn't detracting one bit for wanting to invest billions. only the govt is in the way of that.