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Sergio Massa, Minister of Economy.
Then he plans a working meeting with the leadership of Exxon in the United States and with the participation of Argentine executives of the company. They will be Thomas Schuessler, Senior VP Unconventional ExxonMobil; Bryan Pickett, General Manager of Unconventionals for Argentina and Central US and Daniel De Nigris, General Manager of ExxonMobil Exploration Argentina, among others.
Others will be added to these meetings with the firm BP and Pan American Energy. The meeting will be held with David C. Lawler, Executive Director of BPX Energy, Juan Martín Bulgheroni VP Strategy and Upstream (PAE); and Daniel Felici, corporate VP (PAE). He will also be accompanied by the presidents of YPF, Pablo González, and Enarsa, Agustín Gerez.
There will be lunch with the executives that make up the Chamber of Special Oil Operations Companies (Schlumberger, Halliburton, Baker Hughes, Exterran, Weatherford, Helmerich & Payne and Superior Energy Services).
And then the meetings will continue. Although the schedules have not been confirmed, it is discounted that Massa will meet with Clay Neff, Chevron’s President of Exploration and Production for Latin America and Africa; Eric Dunning, General Director for Latin America of the same company.
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Economy Minister Sergio Massa is on tour in the United States.
Sources from the entourage point out that instead of visiting Wall Street, this time, the message is that of investments “in the real economy”. They maintain that Vaca Muerta is already a productive reality, but that many investments are still needed that could catapult Argentina as an energy exporting power.
In this sense, the Government aims to explain to the US oil sector what decree 277 means for the sector, whose axis promotes the free availability of foreign currency and barrels applied to a fraction of the incremental production.
At the same time, it will seek to provide oil service companies with more information, linked to the “green channel” regime for importing equipment, in order to advance in exploration and investment. It is a regime that was promoted and presented by Massa a few weeks ago, in Neuquén, and that applies whatever equipment, but also machinery and infrastructure. The objective, they point out in the Palacio de Hacienda, is to speed up the process of importing products, reduce bureaucratic obstacles, since it is in direct correlation with Customs.
On the side of both local and global companies, there is also a claim that Massa will be responsible for solving. Sources from the entourage maintain that they will seek to advance the claim of the companies linked to the 2013 Promotion and Investment Regime for the Exploitation of Hydrocarbons that the Chevron firm sought to use without success after the exchange controls implemented by former President Mauricio Macri, there for 2019.
Massa comes from meeting last Wednesday, in Washington, with Paul Graves, CEO of LIVENT, one of the leading companies in lithium technology. According to the Government, the firm has committed new investments in the country to expand its production capacity. On the same day, he also held a meeting with Del Renigar, Vice President of Government Affairs of Rio Tinto, and Guillermo Calo, Executive Director of the Rincón Project. The Rio Tinto company, one of the largest mining companies in the world, approved the investment of US$190 million to develop the Rincón lithium project in Salta, whose initial commercial projection of 3,000 tons of annual production of battery-grade lithium carbonate , they maintain, will allow obtaining greater knowledge and information on the industrial and technological process and continue advancing in new investments.
Source: Ambito

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