What is the plan for the promotion of gas production in Argentina?

The national government launched the Gas Production Promotion Plan with which it will launch a new supply and demand scheme in the next four years, and with which it will seek to substitute imports for around US $ 5,629 million and promote investments for at least another US $ 5 billion from the private sector.

The new scheme presented by President Alberto Fernández and the Minister of Economy, Martín Guzmán, from the Neuquén formation of Vaca Muerta, foresees a total fiscal cost of US $ 5,062 million until 2024, with a fiscal saving of US $ 2,574 million, and an increase in the projected collection of US $ 2,525 million .

President Energy plc (LON:PPC) is an independent oil and gas company focusing primarily on high margin production opportunities in Latin America.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
Twitter
LinkedIn

More articles like this

Team plc

Benefits of saving money early in life

Saving money earlier in life can have several advantages. Here are a few reasons why it is beneficial to start saving at a younger age: TEAM plc (LON:TEAM) is building a new wealth, asset management and complementary

Team Internet plc

Enhance domain security with CentralNic Reseller

As a domain reseller, you know how important it is to provide your customers with reliable and secure domain services. You want to ensure that their online presences are protected from hackers, spammers, and cybercriminals who

Biome Technologies

Introducing Vigilis-Bio tree shelters

Biome Technologies plc (LON:BIOM) is a growth oriented, commercially driven technology group. The Group’s primary activity is the development of its fast growing business in bioplastics. The Group comprises two divisions: Biome Bioplastics and Stanelco RF Technologies.

Surface Transforms plc

Brake disc maker upbeat despite cost pressures

Carbon fibre brake disc manufacturer Surface Transforms (ST) says it remains optimistic that annual sales will almost triple to £23m in 2024 despite further cost pressures. Knowsley-based ST, which is listed on the Alternative Investment Market, issued

Tern plc

Importance of AI in mental health treatment

As Mental Health Awareness Month in May highlighted, it is important to acknowledge the significant number of individuals worldwide who are affected by mental illness. In the United States approximately 1 in 5 adults live with

Fidelity Japan Trust

Japan’s Nikkei share average rises 1%

Japan’s Nikkei share average rose on Monday, recouping some of the previous session’s sharp losses, although declines in chip-related stocks capped gains. The Nikkei closed up 1% at 37,438.61, after declining briefly earlier in the session.

Fidelity China Special Situations

Hong Kong stocks surge after China announces market reforms

Hong Kong stocks rallied after China’s market regulator unveiled a series of market reforms aimed at enhancing the city’s status as a financial hub, with sentiment also getting a boost from the prospect of a bigger investor base