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Argentina in Three Bands: China and Russia Advance with Energy Investments in Tierra Del Fuego While Milei Strengthens Its Alliance with the US

Summary by TotalNews Agency USA Español
Ushuaia, June 5 – Total News Agency-TNA-Employers from China and Russia have advanced negotiations with Tierra del Fuego Governor Gustavo Melella to develop ambitious energy projects in the country's southernmost province. While the Asian giant has already signed an agreement to build a petrochemical plant, the Russian state company Gazprom evaluates landing in the territory to reactivate deposits of hydrocarbons abandoned by YPF and develop new…
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Ushuaia, June 5 – Total News Agency-TNA-Employers from China and Russia have advanced negotiations with Tierra del Fuego Governor Gustavo Melella to develop ambitious energy projects in the country's southernmost province. While the Asian giant has already signed an agreement to build a petrochemical plant, the Russian state company Gazprom evaluates landing in the territory to reactivate deposits of hydrocarbons abandoned by YPF and develop new…

To achieve this goal, it is expected that investments of at least $30 billion will be required, with Asian countries such as China, India and Japan leading this momentum. China has consolidated itself as the main investor in Argentine mining, especially in the so-called “Lithium Triangle.” Companies such as Ganfeng Lithium lead various projects in Salta and Jujuy, including the Mariana project in Salta, which began operations in 2025 with a prod…

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elinversorenergetico.com broke the news in on Thursday, June 5, 2025.
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