On November 17, 2022, Resolution 774/2022 of the Secretariat of Energy was published in the Official Gazette of the Argentine Republic, approving the new procedure for the authorization of natural gas exports.
According to the resolution, this is done in order to promote compliance with the energy policy objectives.
It adds that the demand for natural gas is strongly marked by seasonality, with surpluses during the summer months. This presents a challenge for the economic viability of the exploitation projects, thus making it necessary to develop alternatives that allow placing the natural gas surpluses during the summer period.
The resolution also refers to the impossibility of the transportation system to evacuate the totality of the volumes injected to the domestic market, which makes viable, under certain conditions, the export of volumes during the winter period.
Access the complete text of the Resolution here.
This publication does not constitute a legal opinion on specific issues. If necessary, specialized legal advice should be sought.
For further information, please contact:
Agustín Siboldi – SiboldiA@eof.com.ar
Jorge Muratorio – MuratorioJ@eof.com.ar
Agustina Fanelli Evans – FanelliA@eof.com.ar
María Fernanda Derudder – DerudderF@eof.com.ar