Guzmán highlighted the importance of a future gas pipeline for the functioning of the macroeconomy

Guzmán highlighted the importance of a future gas pipeline for the functioning of the macroeconomy

“We are facing an opportunity to strengthen it: the construction of the Néstor Kirchner gas pipeline, which will allow the expansion of the gas transportation system, scale up production and exports,” Guzmán said.

Regarding the work, he assured that “one of the most important infrastructure projects for the functioning of the macroeconomy in the coming years” is being launched.

“Today we took a step to make it a reality, with the DNU that creates the conditions to tender and execute the first stage of the work,” he said.

The DNU is complemented by resolution 67/2022 of the Ministry of Energy that declared the gas pipeline “of National Public Interest” and its publication paves the way for the start of the bidding processes for the works, a task delegated to the company Integration Energética Argentina Sociedad Anónima (IEASA, formerly Enarsa), which was granted a 35-year concession.

The first stage of the Gas Pipeline -whose completion was long awaited by the oil operators in order to increase their natural gas production- consists of an investment of US$ 1,566 million and has as its central work the section of Treatyén to Saliqueló, that is, from Neuquén to the west central area of ​​the province of Buenos Aires.

A second stage foresees the continuity of the work to the south of Santa Fe, which would open the possibility of reaching the country’s large urban and industrial centers with a greater volume of gas from Vaca Muerta, as well as connecting with the Northeast gas pipeline ( GNEA) to supply the provinces of the region that are currently isolated from the system.

The joint works are intended to expand transportation capacity by 44 million cubic meters per day -24 million in the initial stage-, and thus use national production and Argentine work to replace billions of dollars of current LNG imports, and fuels such as fuel oil or gas oil.

Source: Ambito

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