About the comparative advantages that it has Neuquen He listed stability in the supply of energy, both hydrocarbons and wind, solar and geothermal, where he added that “we are also looking for other horizons so that Neuquén is not only synonymous with energy in the coming years, in this window of time that “We have to be able to exploit our gas and our oil.”
Figueroa maintained that “gas is an element that will be fundamental for the energy transition in the coming years. Knowing that the possibility of extracting our gas and oil has also changed the paradigm of the Argentine Republic”, having “The second most important unconventional gas reserve and the fourth most important unconventional oil reserve in the world, we have to value it and monetize it in a window of time,” where to be clear he said that “we have to offer the world 6 times what Argentina and Chile together demand today.”
Taking the framework of the meeting as a basis, he stated that “it would be very good if the Latin American countries could also agree to see how we are going to be able to grow and have a win-win with all the countries, with Paraguay, with Uruguay, with Chile , with Bolivia itself, and of course also working hand in hand with a Latin American giant that is Brazil.” For this to happen “we have to sit at a table, be generous, project ourselves together to transform Latin America into a great power in this matter to be able to coordinate how we are going to have this energy self-determination in the coming years that will help us.” bring progress, and also conquer other markets.”
Figueroa stressed that the decision to be able to build the production plant was fundamental. LNG in Patagonia, in Río Negro, with investments that different companies are making, where in the coming months We will be able to go out and sell gas to different places in the world with a demanding demand from different parts of Europe”, having the possibility of “our gas leaving from the port of Río Negro”.
In his final message he assured that “we have a great opportunity and we do not plan to waste it and I hope we can capture in those books that will talk about history, that we have agreed to generate a win-win between all.”
Lysak: “At Total Energies we believe in regionalization”
Soledad Lysak, general director of Total Energies Gas Southern Conepointed out that the company is present in more than 130 countries, has more than 120,000 employees and is celebrating its centenary this year, where it has been in Argentina since 1978 with offshore discoveries in Tierra del Fuego and ““A few months ago with the sixth offshore platform, we had the first gas on September 19 and today we are always supporting market freedom.”
Lysak endorsed Figueroa’s statements, when he said that in Neuquen We have been together since the 90s, and the energy policy was maintained” and highlighted that “today we see not only excellent administration, but very good management.”
There he said that “we have been in Bio Bio in the Concepción area together with the governor. At the time we were pioneers, in fact, with tihgt gas. connecting the first shale well to the network, bringing all the knowledge and know-how from other countries in the world and providing feedback with the great potential and great professionals that Argentina has.”
The specialist emphasized that they believe in regionalization, being the third player worldwide in LNGoperating in the three countries that are the main players in the sector such as Australia, Qatar and the United States and having a fairly diversified portfolio in that sense, we are no strangers and we support all investments.
Regarding the LNG market, he considered that “it is in a balanced supply by the year 2027, which means that in the year 2028 there may be an oversupply of the LNG.” LNG., it is a challenge and challenges are always opportunities, we are focusing on everything that relates to regional exports.”
Argentina is connected with pipelines to be able to export more than 76 million cubic meters per day: “Today we export less than 10”but he trusted that the situation will improve because “we built trust again.”
There he reported that although Chile has an important renewable energy matrix, in the north LNG can be replaced, in the center there is demand that it can also replace in Concepción, in the Bio Bio area, there is also a demand that we can cover and the south of Chile, Metanex can continue to have investments to continue growing.
The General Director of Total Energies commented that “we were in Brazil, where we are a very important player”, there “we currently participate in seven FPSOs and we are launching one FPSO per year with investments of more than 12,000 million dollars per year”, where she added that “Brazil has a potential but real, imaginary demand of more than 60 million cubic meters per day, which cannot be supplied by hydro.because it is demand from industries, from fertilizers, from petrochemicals, so we see that reality, Brazil is already connected with Uruguayana, there are different other projects.”
Bolivia was also referred to, “where there are 30 million cubic meters per day of pipe that connect us, without much investment and next year we could be exporting to Brazil via Bolivia between 4 and 10 plus less with pressure.”
TotalEnergíes is committed to a zero carbon footprint
Regarding the goal of meeting the zero carbon goal, Lysak aligned himself with Neuquén’s policy to be able to continue growing in a sustained way: “I know that sometimes it doesn’t sound very attractive when you see an IRR for an oil project, double digits and how many, and the renewable one not so much, but we need to complement each other, because if we continue sucking from one side without generating in the other, we are going to arrive late.”
“We at a global level are committed to net zero, together with society, and particularly we have assets in Argentina operated with an intensity level of nine kilograms per CO2 equivalent barrel. “This is a very low intensity, and we are putting, and we have already solarized more than 200 skids, we changed instrument gas for instrument air,” he stated.
To achieve these objectives, he named the projects the company is working on.
We are in Neuquén installing a power line of more than 43 kilometers to be able to provide ourselves with electrical and renewable energy, because we are building a solar park to provide us with that energy.
Also in Land of Fire generating 9 MW of renewable electricity to supply our plant there in the south, since the geological situation is different there. And we have 300 MW installed right now in the country, with two projects underway. We have three solar parks, a wind farm. And at the regional level, also speaking of Brazil, we have a strategic agreement with Casa Dos Ventos, where today we produce 1.6 gigabytes. We are building 1.3 gigabytes, and we are also present in Chile and “Our goal is to be able to have 100 gigabytes installed by 2030. LNG is very important. Today we produce 44 MTPA, of the 400 or so that the market has. And our goal is to double it by 2030, to generate a situation and this gives us a global vision where we can generate situations and efficiencies.”
Lastly, he maintained that “We need to continue valuing what we are valuing, and as I always say, with more energy, fewer emissions, because we want the people of Neuquén and all Argentines to be well and better,”
Marcos Bulgheroni: “We are committed to being part of this revolution”
Marcos Bulgheroni, Group Chief Executive Officer of Pan American Energy, joined in the praise of Figueroa’s management, who set the stage for what is a revolution in Argentina and particularly in the industry.
“We, as Pan American, are committed to being part of this revolution, to being protagonists. “It is largely done through sustained investment of time.” he stated during his presentation.
Along these lines, he maintained that “the industry, as many of you know, has been investing to increase production. This is also reflected in the particular case of gas, in the fact that next year we are going to stop importing gas from Bolivia and that we are only going to import it seasonally.
The businessman recognized and supported the national government’s vision of stabilizing Argentina’s macroeconomic situation, which he considered “very important, and that is done and is being done with policies to reduce the deficit, which was unsustainable, to distribute, you have to create, so there has to be this balance, the drop in inflation that we have seen in recent months is important, and of course also the rebalancing of macro prices, essential prices, the economy, this does not mean that it is also important, and I do not want to minimize with this the effort that the entire Argentine society is making regarding these policies, but so that we can have an environment of sustained investment over time, we need to organize the macroeconomy, that is fundamental.”
Bulgheroni did not leave aside the fact that for this system of sustained investment to work we need peace and social license, a task that he divided between “us as investors, the province, the national government and the unions to work towards maintaining the social peace which is essential for investment.”
Source: Ambito
