Expecting the future of the development of the sector that is in charge of Vaca Muerta, the 1st Argentine LPG Conference in it National Congress this Tuesday, and brought together a hundred businessmen from Latin America.
“Argentina has surplus of this strategic resource, which is consumed by more than 3 billion people in the world”, they highlighted from the Argentine Chamber of Liquefied Petroleum Gas (CEGLA), one of the main organizers.
During the day there were talks regarding the LPG and its investment and export opportunities, production, the increase in technological resources, and the challenges it poses.
The day was organized by CEGLAnext to the Ibero-American Liquefied Petroleum Gas Associationand the support of the vice president of the Energy and Fuels Commission of the Chamber of Deputies, Martín Maquieyra.
He LPG is, after Natural Gas, the most used fuel in Argentinawhere he uses it more than 46% of the population, about 20 million people, who require jugs for cooking or heating, according to the 2022 Census.
Despite the great demand, both from people and from businesses and industries, Argentina produces surplus of LPG with 2.7 million tons per year. “We want to understand the future of production and the opportunities it can bring us,” he said. Pedro Cascalespresident of CEGLA.
Argentina already export 1.2 million tons of this gas, which “is a essential fuel throughout Latin America because it is clean, portable, versatile and hence its sustainable and economic importance for the region,” he highlighted. Fabricio DuarteExecutive Director of the Ibero-American Association of Liquefied Petroleum Gas (AIGLP).
Objectives and deregulation for 2025
Regarding the price releasethe president of CEGLA, highlighted that “prices did not increase significantly because the LPG competes at a national level with almost 30 fractionators and hundreds of distributors.
In turn, Cascales maintained that “we are facing the most important change that LPG has had in modern history in Argentina, since the sanction, almost 20 years ago, of Law 26,020″.
The businessmen They highlighted the importance of Base Lawespecially about the chapter of RIGI and that of Hydrocarbonsand indicated that “in this sector, investments are decisive, because it is a capital intensive sectorsince we have to maintain 20 million bottles; “every 10 years all bottles and cylinders must be recertified.”
The impact and challenges of technological advancement
The new technologies such as Artificial Intelligence, robotics, the internet of things, telemedicine, big data, traceability, among other advances, already with part of the industry in all processes, from logistics to storage, packaging, distribution and sales.
It was analyzed and there was panels about the traceability of packaging to sustain investments and system security, new projects, logistics and supplies, with a panel of local producers: Alejandro Catalini, LPG-YPF Wholesale Commercial Manager. Javier Vivas, Managing Partner of GASENER, and Santiago Patrón Costas, Director of Marketing and Midstram of Gas and Oil Pampa Energía.
Source: Ambito
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