They claim that the delayed work of Reversal of the Northern Gas Pipeline could finance the increase for retirees

They claim that the delayed work of Reversal of the Northern Gas Pipeline could finance the increase for retirees

On the first anniversary of the launch of the Reversion of the Northern Gas Pipeline, the space of the former Minister of Economy, Sergio Massa, He released an analysis of the economic impact of the delay in the nation’s accounts and denounced that if they had been completed the tasks within the planned time “that money could be used to pay the increase in retirement minimum voted in Congress and vetoed by “Milei”.

The report released in the last few hours by the massismo, described the tasks of reversing the gas pipeline as a “a key project in Argentina’s energy infrastructure” and said that according to initial calculations, it was scheduled to end in May. However, they pointed out that “remains unfinished 3 months later.”

Reversal of the Northern Gas Pipeline

The Frente Renovador attacked Javier Milei: “We are paying dearly for inefficiency”

“The project includes the construction of a 120 km gas pipeline between The Charlotte and Uncle Pujio, the reversal of 4 compressor plants in Córdoba, Santiago del Estero, and Salta, and the expansion of 62 km of the northern gas pipeline”, which will allow reversing the flow of gas, which previously went from Bolivia to northern Argentina, to now carry gas from Vaca Muerta to the northern provinces.

The FR statement highlights that, once the work is completed, it will allow supplying natural gas to provinces such as Córdoba, Tucumán, La Rioja, Catamarca, Santiago del Estero, Salta and Jujuy. However, Time passes and the tasks are still not completed.

Given this situation, the report attacked the Government and compared the economic impact that the delay in the work will have on the national coffers with respect to the pension reform. “The law increased the minimum pension from 285,000 to 310,000 pesoswith an annual cost of 1.149 billion dollars. The delay in the RGN work represents a“a loss of 180 million dollars per month,” he denounced.

From the massismo they pointed out that if the reversal tasks were completed in January 2025, “the 6-month delay of the RGN will have represented a total loss of 1,048 million dollars, almost the amount necessary to increase all minimum pensions.” And they concluded: “Argentines are paying dearly for the inefficiency of the National Executive Branch.”

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Northern Reversal Gas Pipeline: what is the status of the work?

Last week, the Techint-SACDE construction companies union announced that construction was completed of the 100 kilometers of the new Federal Integration Gas Pipeline Tío Pujio-La Carlota. These are Lines 2 and 3 of the 36-inch diameter gas pipeline located in the province of Córdoba, work that the joint venture completed before the date established in the contracts.

“We have achieved the status of Fit for Operation (APF) in advance, advancing the dates provided for in the contract and its current conditions”Techint-SACDE said in a statement. To be completed, the project still needs to finish a 62 km loop extension and the change of flow direction of 4 compressor plants.

Once completed, the work will enable transport in the reverse direction of the “North System” up to 19 MMm3/d, This will allow for bi-directional gas flow, “providing versatility and guaranteeing supply in the direction in which it is required,” Techint-SACDE said in a statement.

Source: Ambito

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