Oil Slump Threatens Argentina's Shale Cash
4 Articles
4 Articles
The chart of the evolution of the oil exports of Argentina since the beginning of the development of Vaca Muerta, in 2012, makes clear the momentous change that has been recorded and that promises to multiply from March when the new export port in Rio Negro is launched. It is that while...
By Franco Pennino, Bruno Ferrari, Guido D’Angelo, and Emilce Terré (BCR) 1. Oil is Argentina’s first export product With the rise of Vaca Muerta and an Argentina scoring records of oil and gas production, crude oil dethroned soybean flour as Argentina’s main export product between January and September 2026, according to data published by the National Institute of Statistics and Censuses (INDEC). For the first nine months of the year, crude oil …
According to a report by Faufena, with the current rate of wells and without expansion of refining, the percentage would be around 50% in 2027. The oil of Vaca Muerta leaves today in the Atlantic with Oldelval and towards Chile with OTASA, and will join the VMOS pipeline next year.
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