In March, the highest unconventional production in history was achieved

In March, the highest unconventional production in history was achieved

“The construction of the Néstor Kirchner gas pipeline is the most important work in gas transportation in the last 40 years”, the secretary assured in his speech.

Martínez indicated that “it is a project that will allow us to substitute imports and save foreign currency – at today’s price – for more than US$3.4 billion in its first stage and for more than US$6.0 billion when we complete stage 2 in 2024.” .

In addition, the official indicated that in fiscal material it will represent a relief of US$ 3,000 million in the first stage and of US$ 5,000 in the second stage.

Martínez made it clear that the objectives of the initiative are, first of all, “to substitute imports” and then “to generate exportable balances, like this summer when after 15 years we sent gas to Chile again.”

The Secretary indicated that “we remain entrenched on the path of energy sovereignty and the Gas.Ar Plan was the cornerstone. It was the beginning of a virtuous process with more workers in their jobs, with more SMEs joining, with more royalties for the provinces “. region”.

Finally, he vindicated the role of YPF and defined it as “the locomotive that drives the industry”, recalling the 10 years since the decision of the then government of Cristina Fernández de Kirchner to grant the National State the majority shareholding of 51% in the business.

The act was also attended by the Governor of Neuquén, Omar Gutiérrez; the Buenos Aires governor, Axel Kicillof; and the president of YPF, Pablo González.

Source: Ambito

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