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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

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