Argentina has a large hydrocarbon potential as the country's vast territory harbours rich reserves of oil and natural gas.

The Neuquén Basin, home of the productive Vaca Muerta shale formation, contains the second-largest shale gas deposits and fourth-largest shale oil reserves in the world. After being developed in 2012–2013, the deposit currently produces 39% of the nation's 571,000 barrels of oil per day and 52% of its 130 million cubic metres of gas per day. Due to the significant investment and exploration efforts drawn to this resource, Argentina is now positioned as a major player in the world energy market, with an expected overall production of more than 1 million b/d by 2026. Moreover, completion of the Trans-Andean pipeline revamp, providing a Pacific loading terminal for Argentinian crude and a capacity increase on the existing line to Puerto Rosales on the Atlantic coast, will allow exports to surpass 500,000 b/d by the same year.

As the world's energy transitions towards net-zero carbon emissions by 2050, demand for gas is growing, and Argentina may soon find itself competing with Australia and Qatar in the LNG market thanks to an even greater increase in gas output. Argentina produced 140 million cubic metres of natural gas per day last winter, and new pipelines would increase transport capacity by an additional 21 million m3/d, enabling shale drillers to expand their operations.

Besides Vaca Muerta potential, Argentina´s vast onshore and offshore basins also present more chances for the discovery and development of hydrocarbons. The country´s hydrocarbon potential remains a pillar for domestic and international economic growth as it continues to invest in technology and environmentally friendly extraction techniques.

Get more information about the potential of hydrocarbon industry in Argentina, as well as construction investment projects.

AS PART OF THE WEBINAR:

What are the forecasts and new opportunities for the development of the hydrocarbon industry in the region for the next 10 years?

What investment projects for the exploration, development and construction and expansion of hydrocarbon projects already planned for implementation in the industry in 2023-2030?

What successful project implementation mechanisms are being used to develop the industry in Argentina?

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    SPEAKERS:

    Veronica Tito

    Veronica Tito is a highly accomplished professional in the Argentine hydrocarbon industry, holding a law degree and specializing in Oil and Gas Law and Environmental Law. With a Master's in Energy Management and expertise in various sustainable development fields, she serves as a Consultant in Energy, Transition, and Sustainability.

    Career Highlights:
    Legal and regulatory consultant oil & gas and energy transition to the National Secretariat of Energy
    Provincial Director of Legal Affairs in Energy and Hydrocarbon Secretariat of the Province of Tierra del Fuego
    Assistant Secretary of OFEPHI (Federal Organization of Hydrocarbon Producing States).

    Research Contributions: A respected graduate professor at institutions like UCA and Universidad Austral, she has authored technical papers and, in 2022, published a significant book on the legal framework of offshore hydrocarbon exploration in Argentina.

    Diego Lamacchia

    Diego Lamacchia is a Civil Engineer, specialist in offshore and submarine hydrocarbon production systems. He has participated in engineering, procurement, construction and installation (EPCI) projects in shallow and deep waters for large market operators, both in the Gulf of Mexico, Latin America and other parts of the world, from Jr.

    Engineer to Project Director. In Argentina he supervised the installation of the AM6 platform in 100m of water for Sipetrol. In Brazil he was engineering manager of the basic engineering and EPCI of the offshore development of the P52 platform, in 1800 meters of water depth. He is an active member of the IAPG (Offshore Commission) and the MDP Energy Cluster.

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    FREE WEBINAR:

    "Argentina Hydrocarbons:
    prospects for the development of the industry."

    The 15th of February, 2024

    +44 207 394 30 90 (London)
    events@vostockcapital.com
    www.vostockcapital.com
    supported by Inventica

    Copyright © 2024 - Vostock Capital UK

    Argentina Hydrocarbons,
    8-9 May 2024, Buenos Aires, Argentina