Argentina authorizes natural gas exports to Uruguay

26 Apr, 2017

Argentina is seeking to ramp up production by exploiting one of the world's largest shale reserves, Vaca Muerta, but it remains a net importer of gas, primarily from Bolivia.

Argentina must import equivalent amounts of gas to what it is exporting to Uruguay, the gazette said.

A total volume of 255.5 million cubic meters (9 billion cubic feet) is allowed for export to Uruguay. The measure will no longer apply if Uruguay does not import gas within 180 days.

 

Copyright Reuters, 2017
 

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