26 April 2024
Argentina publishes new rules for oil and gas investment
Publication date: 30 July 2012
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Argentina on Friday rolled out a strategic oil and gas national investment plan that will obligate foreign companies operating in the country to submit investment plans or face fines or revocation of exploration concessions. The Argentinian government said the plan would increase and maximise investments and resources used in exploration, exploitation, refining, transportation and marketing of hydrocarbons to ensure self-sufficiency and sustainability.