the pipeline Nestor Kirchner It is considered the most important energy infrastructure work of the last 40 years in Argentina. its setting on going involves allowing the entry of natural gas from Dead cow to the pipeline, which will take about 20 days to complete its filling. The Government highlights theRecord time” of the work and savings in Dollars it represents for the country.
the pipeline set up a significant change in the energy balance of Argentina, allowing to reduce imports and generating exports in said sector. The first stage of the mega-project was financed with resources from the National Treasury and savings in imports are expected and subsidies allow the investment to be recovered in two years.
The Secretary of Energy, Flavia Royonconfirmed in recent days that the Nestor Kirchner pipeline will be launched on June 20.
In the words of Royón, “significant” savings of US$1.7 billion in public accounts during the first stage of construction. Likewise, the official highlighted the record time in which the work was completed, which, it was only 10 monthsinstead of the 24 initially estimated. “This success is attributed to the quality of the companies involved in the project, like Techint and Sacdeas well as the determined approach of the minister (Sergio) Massa”, said the Secretary of Energy.
Néstor Kirchner gas pipeline: a turning point
“The impact of this gas pipeline transcends mere energy infrastructure”, say government officials. In this sense, the Minister of Public WorksGabriel Katopodismaintains that its inauguration will mark a turning point for Argentina and the beginning of a new stage for the country.
“Instead of spending dollars to import energy, Argentina is expected to start exporting for a value of up to US$20,000 million annually”, advanced Katopodis.
the pipeline Nestor Kirchner it will not only allow Argentina to stop relying on imported energy, but will also generate substantial revenue for the country. It is estimated that the country will be able to export between US$15,000 and $20,000 million annually thanks to the gas pipeline.
The Government estimates that with this reincorporation into the energy sector the inflow of dollars through the trade balance offers greater macroeconomic stability for Argentina.
Néstor Kirchner pipeline: Beyond the economic benefit
In addition to the economic benefits, it is highlighted that the energy transition promoted by the gas pipeline also offers additional opportunities for Argentina. It’s not just about gas production and renewable energy developmentbut also from the exploitation of critical minerals that the country has.
According to Royón, the construction of this important infrastructure It has already generated around 50,000 jobs. “This breakthrough represents an opportunity to drive growth sustainable economy and the creation of more employment in the region”, the official pointed out in recent days.
The benefits of the Néstor Kirchner pipeline at the regional level
The Secretary also highlighted the benefits of the gas pipeline at the regional levelsince the Argentine gas will be exported to neighboring countries. In this context, Royón asserted, they are promoting pRojects of Liquefied Natural Gas (LNG), with Chile being one of the main destinations with a record of almost 365 days of uninterrupted exports.
In economic terms, Royón pointed out that it is estimated that this year the gas pipeline will generate a saving of approximately US$1.7 billion. This is mainly due to gas coming from Vaca Muerta, which is six times cheaper than imported LNG.
Although a part of LNG continues to be imported due to the operation of the gas pipeline, the full impact on self-sufficiency is expected to be fully observed starting next year.
In short, the Néstor Kirchner gas pipeline represents an important milestone for Argentina. Since it will not only increase the productivity of Vaca Muerta, but will also allow the production of gas at a much lower cost than the import. With this achievement, the country is positioned as a key player in the energy sector and, according to estimates by government officials, doors open to a promising future in economic and environmental terms.
Source: Ambito
