Related Articles
Forward article link
Share PDF with colleagues

Ease price restrictions to encourage spending, says Pluspetrol

By Derek Brower Low, regulated energy prices in countries such as Argentina are deterring investments by oil and gas developers, Pluspetrol said yesterday. "The economics of hydrocarbon prices in Argentina now do not really allow aggressive investments," Alberto Moons, a senior executive at the company told WGC News in Buenos Aires. "Argentina is mature," he added. "Most of the easy oil and gas has been found." The remaining hydrocarbons will come from more expensive and technologically tricky plays, such as tight gas and the offshore, he said. However, Moons said the government has indicated that changes to the pricing structure – which at present keeps regulated energy prices low – cou

Also in this section
Venezuela going for broke
16 January 2018
The Maduro government wants a new deal on its debt. Things are going to get messy
Iraqi Kurdistan sinking fast
11 January 2018
The future of the KRI's oil sector is uncertain, with the federal government determined to bring all the country's production and exports back under its wing
Iraqi Kurdistan's wrong turn
11 January 2018
Burdened by political and economic crises at home, the autonomous region faces difficult talks with a newly confident federal government in Baghdad