physical crude cotton seed oil refinery production line in argentina

                                               
                                               
                                               
                                               
                                               
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  • How much oil does Argentina export?
  • Argentina currently exports crude oil, and imports refined oil products. In 2019, Argentina exported $1.3B in Crude Petroleum, mostly to the US, China, the UAE, and the Netherlands, with smaller amounts to Chile. It imported $2.3 BUSD in Refined petroleum from the US, Netherlands, Russia, the UAE, and India.
  • Will a new shale gas pipeline boost Argentina's economy?
  • Last year, the government built a new pipeline for shale gas, reducing reliance on LNG imports. It also reversed a pipeline flow to supply Argentina's north with domestic shale gas, potentially enabling future exports to Brazil. However, crude oil exports offer a faster path to generate revenue for Argentina's struggling economy.
  • Will Argentina become a net exporter by 2025?
  • Unconventional development in Argentina Argentina is currently a net importer of natural gas and of refined petroleum products, and a net exporter of crude oil. It could however increase shale oil and gas production from the Vaca Muerta reservoir and become a net exporter by 2025 if it increased oil and gas transport capacity from Neuquén.
  • Is the oil and gas sector viable in Argentina?
  • Because of that potential, a number (half a dozen) of estimates about the economic viability of developing the oil and gas sector in Argentina have been made, arriving at largely large positive net present value from the investments (from 4% to 6 times the GDP).
  • Why is the government of Argentina interested in oil & gas?
  • The Government of Argentina (GOA) sees the oil and gas sector as a major driver of exports and as a generator of foreign currency. The government is keen to attract foreign direct investment to spur economic growth. Argentina possesses the world¡¯s fourth-largest shale oil and second-largest shale gas reserves.
  • Will exploitation of unconventional gas & oil in Argentina be a problem?
  • Significant exploitation of unconventional gas and oil in Argentina in the next few years coupled with the high volatility of oil and gas markets is likely to generate a large number of wells that will need to be safely retired over the coming decades.