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Argentina Energy Bill to Push LNG Development

LNG

Argentina is preparing a bill to boost its LNG sector according to its President Alberto Fernandez.

  • "I am convinced that based on the amount of reserves that Argentina has, we must think about designing a country where energy is the central axis," he said.
  • The energy bill, being drafted with Economy Minister Sergio Massa, will encompass LNG, hydrogen, lithium, solar and other forms of energy.
  • By 2026 Argentina would register a $13 billion energy trade surplus – it usually has a deficit.
  • Higher gas prices and long-term demand opportunities to Europe and Asia have stimulated LNG development plans in Argentina.

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